MUFG poaches Augusto King from Jefferies

King joins as Asia-Pacific capital markets head as the Japanese firm expands footprint in Asia. Brings in former RBS colleague Kennis Wong.

Augusto King has joined MUFG’s securities arm as its head of debt capital markets in Asia Pacific excluding Japan as the Japanese megabank ramps up its presence across the region, according to a person familiar with the matter on Wednesday.

MUFG poached King from Jefferies where he was Asia head of DCM and leveraged finance for just over two years.

Before that King was the head of DCM Asia at Royal Bank of Scotland RBS where he helped establish the Scottish bank’s debt franchise in the region including its offshore renminbi business. King was with RBS nine years including at the old ABN Amro franchise.

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