June 12, 2009 / 10:53 AM / 10 years ago

UPDATE 1-MOVES-Morgan Stanley, Collins Stewart, First Niagara

(Adds First Niagara Financial)

June 12 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, e-mail moves@thomsonreuters.com


Morgan Stanley said its head of Asia Pacific investment banking, Matthew Ginsburg, has resigned and named co-heads to replace him, amid speculation that Ginsburg is heading to Barclays (BARC.L).

According to sources close to the matter, Ginsburg, a veteran Asia banker, is expected to take the top Asia Pacific investment banking job at Barclays, a slot open since March.

Barclays declined to comment. Ginsburg did not return messages.

Morgan Stanley’s spokesman confirmed an earlier Reuters report that Ginsburg was leaving and said Gokul Laroia and Kate Richdale would become co-heads of Asia Pacific Investment Banking.

To read more, please double click on [ID:nHKG331204]


The British mid-tier stockbroker has appointed John Cotter as group finance director after his predecessor stepped down.

Most recently Cotter, 42, worked in a number of senior roles at the Royal Bank of Scotland (RBS.L). Previously, he headed European financial, treasury and regulatory control at U.S. bank Morgan Stanley.

Cotter will join Collins Stewart on June 23. [ID:nLC354873]


First Niagara named Todd Moules as its regional president for western Pennsylvania, effective at the closing of its purchase of 57 National City Corp branches in Pittsburgh, Warren and Erie in September.

Moules was previously the state president of Pennsylvania banking at National City. (Compiled by Amiteshwar Singh in Bangalore)

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