Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

FCA Hires Ex-Lehman Manager to Advise on Investment Banks

The U.K.’s Financial Conduct Authority hired Gunner Burkhart, a former managing director at Lehman Brothers Holdings Inc., to advise the regulator on investment banking and markets policy.

The FCA also appointed former Competition Commission Chief Executive Officer David Saunders to act as an adviser on competition policy. Saunders was at the antitrust regulator from 2009 until it was disbanded this year, while Burkhart worked at Goldman Sachs Group Inc., Deutsche Bank AG and Lehman Brothers before joining Nomura International Plc. as head of relationship management.

The FCA took over market regulation from the now defunct Financial Services Authority a year ago, and has since opened a series of probes into levels of competition in the U.K.’s finance industry, including into the market for credit cards. The regulator also said last month it would review how investment banks manage conflicts of interest between their obligations to clients and their own trading activities.

“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,” Martin Wheatley, chief executive officer of the FCA, said in an e-mailed statement.

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.