Sectors

Alert: Asia investment banking head Ginsburg quits

Date: 12 Jun 2009

In a move that has shocked the industry, Matthew Ginsburg resigned from Morgan Stanley yesterday to join Barclays Capital as head of Asia-Pacific corporate investment banking, asiamoney.com can reveal. He leaves after more than a decade amid reports that he was at odds with certain senior management figures.

Keywords (click to search): [Ginsburg] [quits] [Morgan Stanley] [investment banking] [Asia] [Barclays Capital]

Aaron Pan

Morgan Stanley’s head of Asia-Pacific investment banking Matthew Ginsburg quit the US bank yesterday (June 11) to join Barclays Capital, asiamoney.com can reveal.

In a move that has shocked the industry, Ginsburg will become Barclays’ new head of Asia-Pacific corporate investment banking, replacing Darcy Lai who left in February this year, people familiar with the situation said.

“This is the first time anyone has been successfully poached from Morgan Stanley,” said one industry source. “He will be a big loss because he has been in Asia for a long time and has all the experience and contacts to go with that. This poses big leadership problems at Morgan Stanley.”

Ginsburg (pictured left) had been Morgan Stanley’s head of Asia-Pacific investment banking in Hong Kong since 2006,...

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