David Schwimmer (banker)

Last updated
David Schwimmer
Born1968/1969(age 53–54) [1]
NationalityAmerican
Alma mater Yale University
Harvard University
OccupationBanker
TitleCEO, London Stock Exchange Group
Term2018–

David Schwimmer (born 1968/1969) is an American banker, and the chief executive (CEO) of the London Stock Exchange Group since April 2018, when he succeeded Xavier Rolet.

Contents

Early life and education

Schwimmer is a native of New York. [2] He earned a bachelor's degree in English from Yale University, a J.D. [3] degree from Harvard Law School, and a Masters in Law and Diplomacy from Fletcher School of Law and Diplomacy at Tufts University. [4] [5] [2]

Career

Schwimmer worked at the New York law firm Davis Polk & Wardwell as an associate. [2] In 1998, he joined Goldman Sachs's Financial Institutions Group, focusing on market structure, brokerage, and trading. He became chief of staff to then President and COO Lloyd Blankfein in 2005, advising on the merger of the New York Stock Exchange and Archipelago. [6] The next year, he was appointed head of Investment Banking in Russia and the Commonwealth of Independent States (CIS) and co-head of Goldman Sachs Russia. Elected partner in 2012. In 2017, he became global head of market structure and global head of metals and mining investment banking. [7] [8]

In April 2018, he was hired as chief executive of the London Stock Exchange Group, having worked as a banker for Goldman Sachs for twenty years. [5] His appointment led to some surprise and humor due to confusion with the actor David Schwimmer of Friends . [1] [9]

Personal life

Schwimmer is fluent in Russian, having worked in Moscow for three years running Goldman's Russian operation. [2] In 2018, he moved to London when he assumed his role with the LSE. [10]

A native New Yorker, Schwimmer is a New York Mets fan. [11]

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References

  1. 1 2 "David Schwimmer – could he BE any more in charge of the stock exchange?". The Guardian. 13 April 2018. Retrieved 14 April 2018.
  2. 1 2 3 4 Vaghela, Viren; Finch, Gavin (13 April 2018). "Here's the David Schwimmer you've never heard of". Bloomberg.com. Retrieved 14 April 2018.
  3. "David Schwimmer".
  4. Vaghela, Viren (2 August 2019). "Schwimmer's LSE-Refinitiv Deal Had Roots at Harvard and Goldman". Bloomberg.com. Retrieved 12 February 2020.
  5. 1 2 Farrell, Sean (13 April 2018). "Goldman Sachs banker appointed London Stock Exchange CEO". The Guardian. Retrieved 14 April 2018.
  6. "Update 2-Goldman names smallest partner class since going public". Reuters . 14 November 2012. Retrieved 3 January 2019.
  7. Strydom, Martin (13 April 2018). "LSE picks Goldman's David Schwimmer as its new chief". The Times. Retrieved 13 April 2018.
  8. Warner, Joshua (17 April 2018). "What now for the London Stock Exchange under David Schwimmer?". IG. Retrieved 3 January 2019.
  9. Harrison, Paul (13 April 2018). "The One Where Ross Got Mistaken for a Banker". www.bbc.co.uk. Retrieved 14 April 2018.
  10. Pooley, Cat Rutter; Noonan, Laura (2 August 2019). "New Yorker running LSE is ready to go the distance". FT.com. Retrieved 27 September 2020.
  11. "Info". Financial Times. www.ft.com. 3 August 2019. Retrieved 2020-02-13.(subscription required)