Ordinarily we would ignore the news of another banker's death - after all these sad events happen all the time - if it wasn't for several contextual aspects of this most recent passage. First, the death in question, as reported by the Stamford Daily Voice [6]is that of Ryan Henry Crane, a Harvard graduate, who is survived by his wife, son and parents at the very young age of 37. Second, Ryan Henry Crane was formerly employed by JPMorgan - a bank which was featured prominently in the news as recently as two weeks ago [7]when another of its London-based employees committed suicide by jumping from the top floor of its Canary Wharf building. Third: Crane was an Executive Director in JPM's Global Program Trading desk, founded in 1999 by an ex-DE Shaw [8]'er, a function of the firm which is instrumental to preserving JPM's impeccable and (so far in 2013) flawless trading record of zero trading losses.
There was little detail surrounding [6]the death:
Ryan Henry Crane of Stamford died Monday, Feb. 3. He was 37.
Crane was born Jan. 8, 1977, and grew up in Long Valley, N.J. He graduated from The Delbarton School in Morristown in 1995. He graduated from Harvard University in 1999, after which he spent the next 14 years at J.P. Morgan in New York. He was an executive director in the Global Equities Group.
Crane is survived by his wife, Lauren (nee Pizzotti); son, Harry; parents Mary Jo and Lex of Long Valley, N.J.; brother, Lex of Denver, Colo.; sister, Allison; brother-in-law, John Archard of Arvada, Colo.; parents-in-law, Steve and Carol Pizzotti of Reading, Mass.; brothers- and sisters-in-law, David and Heather Pizzotti of Upper Arlington, Ohio, Stephen and Kristin Pizzotti and Chris and Felicia Pizzotti of Reading, Mass.; five nephews, three nieces; aunts, uncles; and cousins.
Calling hours are Sunday, Feb. 9 from 3 to 7 p.m. at the Leo P. Gallagher Funeral Home, 31 Arch St., Greenwich. A Mass of Christian Burial will be held at 11 a.m. Monday, Feb. 10 at St. Catherine of Siena Church, Riverside. Interment will be held at 1 p.m. Tuesday, Feb. 11 at Puritan Lawn Memorial Park in Peabody, Mass.
Crane's LinkedIn profile [9]confirming his senior position at one of JPM's most important market-facing verticals:
[10]
Below is his Finra BrokerCheck profile. Aside from having a license to trade virtually anything and anywhere as someone with his skillset would be expected to, his history was spotless:
The circumstances surrounding his death are scarce, but what is most notable is that not only is Crane the second very young JPMorgan banker to pass in recent days, but is also the fourth banker death in under a month [11]. We can only hope this disturbing chain of deaths within the financial industry - one of which involved a nail-gun induced suicide [11]- is purely accidental.
h/t SGT Report [12] [12]