World Library  
Flag as Inappropriate
Email this Article

Blythe Masters


Blythe Masters

Blythe Masters
Born Blythe Sally Jess Levett
(1969-03-22) 22 March 1969
Oxford, UK
Alma mater

The King's School, Canterbury

Trinity College, Cambridge
Occupation Former head of global commodities at J.P. Morgan
Known for Led development of Credit default swaps
Relatives Gordon Levett (father)

Blythe Sally Jess Masters (born 22 March 1969) is an economist and former executive at

  • Official website
  • Informational Blog
  • Crains New York 40 Under 40 Profile
  • Business Insider Profile
  • 2010 Out For Business Keynote Speakers
  • The Daily Pennsylvanian

External links

  1. ^
  2. ^
  3. ^ a b David Teather (20 September 2008). "The woman who built financial 'weapon of mass destruction' | Business". London: The Guardian. Retrieved 19 May 2010. 
  4. ^ a b c "HBS Women's Association of New York". Retrieved 19 May 2010. 
  5. ^ a b Fitzpatrick, Dan (9 October 2010). "J.P. Morgan Commodities Chief Takes the Heat". The Wall Street Journal. 
  6. ^ a b "Outsmarted: High finance vs. human nature". The New Yorker. 
  7. ^ Fool's Gold: ISBN 978-1-4165-9857-2, Spear's Book Awards Financial Book of the Year 2009.
  8. ^ "Credit derivatives: The great untangling". The Economist. 6 November 2008. 
  9. ^ "Europe, Derivatives And Increased Transparency To Understand Risks". Gov Monitor. 2 May 2010. Retrieved 19 May 2010. 
  10. ^ "Blythe Masters". LinkedIn. 
  11. ^ "J.P. Morgan Passes Goldman, Morgan Stanley as Top Energy Dealer". Wall Street Journal. 
  12. ^ "JPMorgan named top commodities bank, day after selling physical business". Reuters. 
  13. ^ "JPMorgan Agrees to Sell Commodities Unit for $3.5 Billion". Bloomberg. 
  14. ^ "Blythe Masters Ends 27-Year Run at JPMorgan". Bloomberg. 
  15. ^ "Blythe Masters – 2004 40 Under 40 – Crain's New York Business Rising Stars". Retrieved 19 May 2010. 


Masters is the former Board Chair of the NY Affiliate of the breast cancer charity, Susan G. Komen.[4] She is a current board member of The Breast Cancer Research Foundation and The Global Fund for Women. She is an amateur equestrian and lives in New York with her husband and daughter.[15]

Personal life

Masters was the Chair of the Securities Industry and Financial Markets Association[4] from 2008–2010 and also of the Global Financial Markets Association from 2012–2014, trade associations whose missions include promoting public trust and confidence in financial markets. She has frequently represented the industry in Washington D.C. on everything from the design of carbon markets to address global warming to potential curbs on large commodities trading positions to the financial regulatory overhaul.[5]

From 2001–2004, Masters served as the bank's head of Global Credit Portfolio and Credit Policy and Strategy. From 2004 to 2007, she was chief financial officer of J.P. Morgan's Investment Bank. In 2007 she was named head of Global Commodities.[10] By 2014, J.P. Morgan had surpassed its competitors[11] and was the top commodities bank according to Coalition[12] when J.P. Morgan announced the sale of its physical commodities business for $3.5bn.[13] Masters subsequently announced her decision to leave the bank once the sale was complete.[14]

[9] In April 2010 she told the Economic and Monetary Affairs Committee of the European Parliament that "there are definitely lessons that have to be learnt. I for one feel that I have learnt from that experience and there are things I may like to have seen done differently". She stated support for reforms which increase transparency and reduce the risk of contagion among financial firms.[8], "Tools that transfer risk can also increase systemic risk if major counterparties fail to manage their exposures properly."The Economist She had told the newspaper: "I do believe CDS [credit default swaps] have been miscast, much as poor workmen tend to blame their tools." She explained to [3] as "the woman who invented financial weapons of mass destruction". The paper later apologised for failing to give Masters an adequate opportunity to respond to their characterisation.The Guardian Nonetheless, Masters was described by the UK newspaper [7] When derivatives played a role in the 2008 financial crisis, having been applied by other firms to sub-prime mortgages,

[6] Masters joined the bank

Professional career

Born in Oxford, Masters was raised in the south-east of England.[2] She attended The King's School in Canterbury on scholarship.[3] She graduated in 1991 from Trinity College, Cambridge with a B.A. in economics.[4]




  • Biography 1
    • Education 1.1
    • Professional career 1.2
    • Personal life 1.3
  • References 2
  • External links 3


This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.

Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.