(Corrects third graph to make clear Nath's departure was not
part of Nomura restructuring)
SINGAPORE, March 18 (Reuters) - Standard Chartered Plc
has hired Nomura's head of mergers and acquisitions for
Southeast Asia, Jason Morris, to join its regional M&A team as a
managing director, two sources with direct knowledge of the
Nikhil Nath, Nomura's former head of M&A for Asia ex-Japan,
has also joined Macquarie Group as a general industry
banker, Hong Kong-based financial industry sources said.
Morris left Nomura after the bank cut costs at its equities
and investment banking business as part of a restructuring that
started last year, the sources said. Nath resigned from Nomura
earlier this year to take up the Macquarie job.
Both bankers had joined Nomura in 2008 from the collapsed
Lehman Brothers. Nath will move to Singapore from Hong Kong to
focus on Southeast Asian and Indian clients.
All the banking sources declined to be identified as they
were not authorised to speak to the media.
Standard Chartered and Nomura declined to comment on the
move. Macquarie was not available for an immediate comment.
Morris joins Standard Chartered a few months after the bank
hired Patrick Lee, the former head of Nomura's Southeast Asia
investment banking, as head of its Singapore-based origination
(Reporting by Saeed Azhar and Denny Thomas in Hong Kong;
editing by Miral Fahmy)