|By PR Newswire||
|January 7, 2013 02:33 PM EST||
NEW YORK, Jan. 7, 2013 /PRNewswire/ -- Sanford C. Bernstein announced today that Jason Griffith has joined the firm as the new global head of trading. He will be reporting to Robert van Brugge, Chairman and CEO of Sanford C. Bernstein.
"As a 20-year industry veteran, Jason brings extensive experience in global equities and will play an integral role in helping us to better serve our clients," said van Brugge.
Griffith was most recently at Jefferies & Company where he was global head of equities, responsible for overseeing cash and electronic trading, equity derivatives, convertibles, and prime brokerage, as well as sales and research. Prior to Jefferies, Griffith was the global head of the hedge fund investors group and equity-linked solutions at Banc of America, and later at Societe Generale. He holds a bachelor's degree in economics from Columbia University.
About Sanford C. Bernstein
Sanford C. Bernstein is an investment research firm and equities broker that was founded in the United States in 1967 and in the U.K. in 1999. The firm is widely recognized as Wall Street's premier sell-side research firm. Its research is sought out by leading investment managers around the world, and the firm is annually ranked at the top of its industry. In independent surveys of major institutional clients, Bernstein's research is ranked #1 for overall quality, industry knowledge, most trusted, best detailed financial analysis, major company studies, most useful valuation frameworks and best original research. In Institutional Investor's latest annual client survey, the leading survey by which analysts in this industry are evaluated, over 90% of the firm's U.S. analysts were recognized as among the best in their respective fields. The firm began operations in Hong Kong in 2010, covering a range of sectors across Asia.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private clients in major world markets.
At September 30, 2012, AllianceBernstein Holding L.P. (NYSE: AB) owned approximately 37.9% of the issued and outstanding AllianceBernstein Units and AXA, one of the largest global financial services organizations, owned an approximate 64.2% economic interest in AllianceBernstein.
Additional information about AllianceBernstein may be found on our internet site www.alliancebernstein.com.