Kenneth Brody, investment banker who led Export-Import Bank, dies at 79

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A prominent figure in Washington as well as on Wall Street, he rallied donors in the financial industry behind Bill Clinton’s first presidential campaign

The cause was multiple system atrophy, a degenerative neurological disorder, according to his family.

Mr. Brody also cultivated an interest in politics, first as a Republican before shifting his political allegiance in the waning years of the Reagan administration. He reduced the time and cost of loan applications and sought to boost the overseas sales of small businesses in addition to large ones. He expanded the bank’s operations in Russia, the former Soviet bloc, Latin America, Asia and especially China. In 1993, the bank financed what“We will go from being a follower to a leader,” Mr. Brody said. “We’re trying to do more in high-risk countries, where private lenders won’t go.”Mr.

After leaving the Export-Import Bank, Mr. Brody co-founded Taconic Capital Advisors, a hedge fund with more than $8 billion under management when he retired in 2013.Survivors include his wife of 10 years, the former Nina Soberman of Manhattan; two children from his third marriage, Carrie Brody of Manhattan and Charlie Brody of Boston; a stepdaughter, Chloe Greisman of Manhattan; a brother; and two grandchildren.

 

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