Guggenheim Partners (GP) has appointed Alan Schwartz as executive chairman, to "help develop the firm’s banking and trading businesses while building its established investment management unit."
Schwartz will also supervise around $100 billion in asset management and advisory accounts at GP, which is a global, independent, privately held, diversified financial services firm with more than $100 billion in assets under supervision.
He was previously the CEO of Bear Stearns.
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