Blythe Masters

from Wikipedia, the free encyclopedia
Blythe Masters, 2015

Blythe Masters (born March 22, 1969 in Oxford , England) is an American-British investment banker who is best known for her work at JP Morgan and is known as the main inventor of the credit default swap (CDS) financial derivative .

Life

Masters grew up in the south east of England. She attended King's College boarding school in Canterbury . At Trinity College in Cambridge acquired it in 1991 with a degree in Economics (Economics). She then began her professional career at JP Morgan in the commodity futures business. After three years she moved to the headquarters in New York.

In 2004, at the age of 34, she was appointed Chief Financial Officer of JP Morgan. At the time, JP Morgan was a pioneer in the introduction of credit default swaps , through which the default risk of a receivable was hedged through a third party and made tradable in the form of an independent security. This was an essential prerequisite for equipping the various forms of asset-backed securities such as asset-backed securities , collateralized debt obligations or mortgage-backed securities with positive ratings and making them tradable on this basis.

From the beginning of 2009, Blythe Masters headed the Global Commodities division at JP Morgan, the investment bank of JPMorgan Chase & Co. , and was a member of the Executive Committee, the company's board of directors. In 2009 she worked on behalf of the bank derivatives for the carbon dioxide - emissions trading , which as previously should shift the financial products risks for investors.

Masters left JP Morgan in 2014 after JP Morgan sold the Physical Commodities division to Mercuria Energy Group .

Masters is married and has one daughter; she lives with her family in New York.

Web links

Individual evidence

  1. ↑ Beth Shah: Outstanding Contribution Award: Blythe Masters. Global Capital, September 12, 2014, accessed October 14, 2016 .
  2. ↑ Ralf Hoppe among others: The bank robbery. Der Spiegel 47/2008, November 17, 2008, accessed on October 14, 2016 : “ We need to clarify how it was possible that complete strangers suddenly found each other in the same boat, seemingly as unsinkable as the 'Titanic'. Bank managers and central bankers were the captains on this ship, including superstars such as JP Morgan manager Blythe Masters and the ex-head of the US Federal Reserve, Alan Greenspan. "
  3. ^ Rhys Thomas: Blythe Masters to leave JPMorgan after 27 years. World Finance, April 3, 2014, accessed October 14, 2016 . Christian Berthelsen, Dan Fitzpatrick, Joann S. Lublin: JP Morgan Commodity Chief Blythe Masters Leaving Bank. The Wall Street Journal , April 2, 2014, accessed October 14, 2016 .
  4. ↑ Tom Fredrickson: Blythe Masters - 2004 40 Under 40 - Crain's New York Business Rising Stars. Crain's New York Business.com, accessed October 14, 2016 .
personal data
SURNAME Masters, Blythe
BRIEF DESCRIPTION US-UK investment banker
DATE OF BIRTH March 22, 1969
PLACE OF BIRTH Oxford , England