Ex-Bear Stearns CEO joins Rothschild -NY Post

Wed Sep 10, 2008 7:38am EDT
 
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Sept 10 (Reuters) - Former Bear Stearns Chief Executive Alan Schwartz has joined European investment bank Rothschild after deciding not to take a role at JP Morgan Chase (JPM.N), the New York Post said citing sources.

Schwartz's move to Rothschild's New York office seems to be temporary, the Post reported.

Schwartz's long-time associate, Richard Metrick, who was formerly was a Bear senior managing director, has also taken an office at Rothschild.

Schwartz had been weighing a number of options, the Post had earlier reported, after he was forced to sell Bear Stearns to JP Morgan Chase.

He shot to Wall Street fame advising on large M&A deals, such as Disney's 1996 acquisition of Capital Cities/ABC Inc for $19 billion.

Rothschild was not available for comments. (Reporting by Sweta Singh in Bangalore; Editing by Erica Billingham)

 

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