Morgan Stanley has lost another of its top bankers in the region with Shamus Hassan set to leave the bank to head up the Asia resources investment banking division at rival Merrill Lynch.
Hassan, who has been responsible for energy and basic materials within the General Industries Group at Morgan Stanley, will be the second person to leave the bank for Merrill in recent weeks after former head of Asia Pacific real estate Timothy Grady quit in December.
Grady and Hassan will rejoin their former Morgan Stanley colleague Sheldon Trainor, who was hired by Merrill as head of Asia Pacific Investment Banking last year and is believed...
