Terence Keyes returns to Morgan Stanley

Investment banker Terence Keyes has resigned from Merrill Lynch less than a year after he joined and will return to his previous employer, Morgan Stanley, sources said Friday Keyes, who had been with Morgan Stanley for 11 years at the time he left and was one of its most senior investment bankers in the region, rejoins at a time when the US bank has just changed the leadership of its investment banking division in Asia-Pacific following the departure two weeks ago of its former head, Matthew Ginsburg

Sources say Keyes will report to the two new co-heads of investment banking in the region, Gokul Laroia and Kate Richdale, and will assume a "similar"...