founders of AllianceBernstein's Autonomous research quit ahead of SocGen venture

Alliancebernstein Holding LP

30/01/2024 16:06

LONDON/PARIS, Jan 30 (Reuters) - The three co-founders
of AllianceBernstein's  AB.N  Autonomous research unit have
quit, ahead of the U.S. investment firm merging its equities
business with French bank Societe Generale  SOGN.PA .
    Stuart Graham, a highly regarded banks analyst who joined
AllianceBernstein in 2019 after it bought the financial
sector-focused research firm he co-founded, is leaving in March
to take a six-month break from work, he told Reuters. The other
two co-founders of Autonomous, Ed Allchin and Manus Costello,
are also leaving, Graham said in an email.
    AllianceBernstein did not respond to a request for comment.
SocGen had no immediate comment. 

 (Reporting by Tommy Reggiori Wilkes and Mathieu Rosemain,
Editing by Iain Withers)
 ((thomas.wilkes@tr.com; +44 (0) 7769 955711;))