bulletEDITOR'S PICKS

 

Former IFS Qatar chief fined but contests ‘inaccurate portrayal’

From Middle East Sep 17 2014 @ 10:45

A former chief executive of International Financial Services in Qatar fined and banned by...
view article

Qatar Investment Fund share price jumps alongside country’s GDP

From Middle East Sep 16 2014 @ 16:45

The Qatar Investment Fund (QIF) saw its share price rise by over a quarter last year,...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Court challenge to FBME bank sale delayed, new date set

Court challenge to FBME bank sale delayed, new date setFBME bank shareholders face a delay in their application for arbitration over the...
view article

Brooks Macdonald sees FUM jump in wake of...

From Products Sep 17 2014 @ 16:32

Guernsey sees jump in new funds despite NAV...

From Products Sep 17 2014 @ 15:50

MORE FROM Europe

LATEST NEWS

Hypa Asset Management to launch Global High Income Fund

Hypa Asset Management to launch Global High Income FundHypa Asset Management, formerly Hypa Management, has announced the launch of its...
view article

Former IFS Qatar chief fined but contests...

From Middle East Sep 17 2014 @ 10:45

Three left-of-centre entry points to...

From Products Sep 17 2014 @ 10:39

MORE FROM Products

LATEST NEWS

Ogier appoints tax partner for Luxembourg

Ogier appoints tax partner for LuxembourgOffshore law firm Ogier has appointed a tax partner for its Luxembourg office.
view article

McNish leaves FPI to re-join Zurich

From People Sep 16 2014 @ 17:36

Qatar Investment Fund share price jumps...

From Middle East Sep 16 2014 @ 16:45

MORE FROM People



Daniel Flynn

FCA appoints former Lehman Brothers director as senior adviser

From People Apr 23 2014 BY: Daniel Flynn

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


The UK's Financial Conduct Authority has appointed two senior advisers, one of them a former managing director at Lehman Brothers.

Gunner Burkhart will provide advice to the FCA on wholesale and markets issues while David Saunders will promote effective competition using the forthcoming payment services regulator.

Burkhart held roles at Goldman Sachs and Deutsche Asset Management before joining Lehman Brothers in 2004 as managing director of senior relationship management in Europe.

After Lehman, he held roles at PricewaterhouseCoopers and Nomura International.

Saunders worked in the Department for Business, Innovation and Skills for over 35 years before becoming the chief executive of the Competition Commission in 2009. He retired from this role in March and currently stands as a special adviser at Europe Economics.

Martin Wheatley, chief executive of the FCA, said: “Both David and Gunner come with impressive experience in their respective areas, which will be a valuable resource for the teams as they look at competition and wholesale issues.”

In September 2008 Lehman Brothers filed for Chapter 11 bankruptcy following the loss of its clients and stocks and the devaluation of its assets by credit rating agencies. This represented the largest bankruptcy filing in US history and is often cited as a key factor in the recent global financial crisis.

Immediately after the collapse, Barclays agreed to purchase Lehman’s North American investment-banking and trading divisions along with its New York headquarters building. A week later, Nomura Holdings announced that it would acquire Lehman Brothers franchise in the Asia-Pacific region as well as its investment banking and equities businesses in Europe and the Middle East.
 

Add to My News Comments (0)

Add to My News Print

Add to My News

add to twitter

add to linkedin


COMMENTS


Have your say

(Be the first to) Have your say!

Please sign in or register here to leave a comment. Registration is free and only takes a few moments.






Share us on Twitter

SHARE US ON TWITTER
Join the community

Join us on Linked In

SHARE ON LINKED IN
Inform your colleagues

Switch to our mobile site

SWITCH TO MOBILE SITE
News on the go

Back tot he top of the page

BACK TO TOP OF PAGE
Just click here...