Andrew Paik, a managing director and head of debt capital markets for Korea at Morgan Stanley, will be leaving the firm at the end of this month, according to a source. His departure comes just weeks after Joyce Lim, an associate in the same DCM team in Korea, left the bank in January.
A spokesperson for Morgan Stanley confirmed the departures.
After Paik leaves, the firm will have one junior debt capital markets banker on the ground in Korea. A person familiar with the matter said that Morgan Stanley will cover the Korean debt capital markets from Hong Kong. The source added that the firm has...