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Fund giant Pimco has named former heads of two of the world’s biggest central banks to its advisory board, tapping former Federal Reserve Chairman Ben Bernanke and former European Central Bank President Jean Claude-Trichet.
Bernanke, who has been a senior adviser to Pimco, will lead the board, Pimco said. The firm also named former U.K. Prime Minster Gordon Brown and others to the firm’s global advisory board.
Pimco has a history of hiring former Fed officials after they’ve left public office. The firm hired Alan Greenspan, the Fed chairman before Bernanke, in 2007 to provide economic advice.
