Morgan Stanley’s Asia Internet Banking Head Tsai Has Left Firm

Henry Tsai, Morgan Stanley’s Asia-Pacific head of Internet investment banking, has left the firm just 16 months after rejoining from Alibaba Group Holding Ltd., according to people familiar with the matter.

Tsai was let go this week, the people said, without elaborating on his sudden departure and asking not to be identified discussing a private matter. A New York-based spokesperson for Morgan Stanley didn’t respond to a request seeking comment. Tsai couldn’t be immediately reached.

Tsai first joined Morgan Stanley in 2007 and left the bank after a decade. During that previous stint at the New York-based firm, he ...