Former UK political leaders join top US financial firms

AP News
Posted: Dec 09, 2015 6:15 AM

LONDON (AP) — Two former senior British politicians who steered the country through the worst of the global financial crisis have found places at major investment firms.

Former Prime Minister Gordon Brown was named to a five-member advisory board at Pimco, one of the world's largest bond funds. He will serve alongside Ben Bernanke, the former Federal Reserve chairman, and Anne-Marie Slaughter, the former director of policy and planning at the U.S. State department.

Former Treasury chief Alistair Darling has been named to the board of bank Morgan Stanley.

Darling, who headed the Treasury between 2007 and 2010, is one of the most prominent leaders in the campaign to keep Britain in the European Union.

Morgan Stanley said Tuesday that his appointment is effective in January.