WASHINGTON - President Bush has hired Philippa Malmgren, formerly a managing director at UBS Warburg, to advise him on banking and other financial services issues.

Ms. Malmgren began work at the White House on Tuesday as a special assistant to the President, working under chief economic adviser Lawrence B. Lindsey.

She was chief of political analysis and deputy head of global strategy at UBS Warburg, the London-based investment arm of the Swiss banking company UBS AG. She advised the Bush campaign on international economic issues.

Before joining Warburg, Ms. Malmgren, who has a doctorate in international political economy from the London School of Economics, was the chief market strategist for Bankers Trust Co. in London. Before that, she was based in Hong Kong, where she handled Asian sales and marketing for Bankers Trust's global investment management business.

Ms. Malmgren is the daughter of economist Harald Malmgren, who was a deputy trade representative in the Nixon and Ford administrations.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.