Richard W. Fisher | |
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Born | 1949 Los Angeles , California, U.S. |
Nationality | American |
Occupation | banker |
Known for | serving as President and CEO of the Federal Reserve Bank of Dallas from 2005 to 2015 |
Richard W. Fisher (born 1949) is the former President and CEO of the Federal Reserve Bank of Dallas, having assumed that post in April 2005 and retired in 2015.
A first-generation American, Fisher was born in Los Angeles, California but grew up in Mexico. His father was Australian, while his mother was South African, of Norwegian descent. Following graduation from Admiral Farragut Academy, he attended the United States Naval Academy in Annapolis, Maryland from 1967 to 1969, before transferring to Harvard University, where he earned a bachelor's degree in economics in 1971. From 1972 to 1973, he studied Latin American studies at Oxford University. Completing his education in 1975, he earned an M.B.A. from the Graduate School of Business at Stanford University.
After returning to California, he won a scholarship to attend Admiral Farragut Academy, a preparatory school for the United States Naval Academy. After two years at Annapolis, a teacher encouraged him to transfer to Harvard. http://www.nytimes.com/2015/03/21/business/economy/richard-fisher-leave-the-fed.html?_r=0
Moving to New York City, Fisher joined the Wall Street investment bank Brown Brothers, Harriman and Company, where he was assistant to former Undersecretary of the Treasury Robert V Roosa, specializing in fixed income and foreign exchange markets. From 1978 to 1979, he served as Special Assistant to Secretary W. Michael Blumenthal at the United States Department of the Treasury, where he worked issues relating to the dollar crisis. Returning to Brown Brothers, he established and managed the bank's Dallas-based Texas operations.