Che-Ning Liu, a Hong Kong-focused client coverage banker with Morgan Stanley, has resigned from the firm and will join HSBC once his gardening leave is over, sources said yesterday. A Morgan Stanley spokesman confirmed that Liu will leave the bank, but was unable to say anything about his future plans.
Liu himself was not available to comment, but according to the sources he will take up a position within HSBC's global banking division with a primary focus on the Greater China markets. His exact position has yet to be determined, they said, but global banking comprises advisory, coverage and client management, which suggests his role will not be too dissimilar to what he was...
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