bulletEDITOR'S PICKS

 

Barclays accused of ‘betraying duties’ to obtain Saudi licence

From United Kingdom Oct 30 2014 @ 10:41

A Saudi businessmen is suing Barclays for $10bn in damages, claiming the company struck a secret...
view article

Skandia to track General Electric with second tranche autocall fund

From Products Oct 30 2014 @ 04:00

Skandia International has launched the second edition of its autocall fund, which will now track...
view article


bulletRELATED ARTICLES

 

bulletNEWS

 

LATEST NEWS

Barclays accused of ‘betraying duties’ to obtain Saudi licence

Barclays accused of ‘betraying duties’ to obtain Saudi licenceA Saudi businessmen is suing Barclays for $10bn in damages, claiming the company...
view article

Nikko AM to launch first in series of ASEAN...

From Asia Oct 30 2014 @ 08:56

Skandia to track General Electric with second...

From Products Oct 30 2014 @ 04:00

MORE FROM United Kingdom

LATEST NEWS

Tapping local distribution a challenge under ASEAN CIS framework

Tapping local distribution a challenge under ASEAN CIS frameworkThe ASEAN collective investment scheme framework will take time to gain traction...
view article

Countries unite in global tax evasion crackdown

From Tax & Regulation Oct 29 2014 @ 16:09

Growth continues for Standard Life in Asia and...

From Life Oct 29 2014 @ 15:57

MORE FROM Asia

LATEST NEWS

Cass Business School finds ‘holy grail’ of portfolios

Cass Business School finds ‘holy grail’ of portfoliosCass Business School academics have found what they say is a blueprint to help...
view article

Conflict drives investors towards ‘safe...

From Middle East Oct 29 2014 @ 12:12

DeVere prepares to open in Australia

From Asia Oct 29 2014 @ 11:54

MORE FROM Products



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...