The Financial Times has appointed Brooke Masters as US financial editor in New York, where she will oversee the news organisation’s coverage of the financial services industry in the world’s financial capital. 

In the new role, Masters will run reporting teams covering Wall Street’s largest banks and non-bank financial institutions – including private equity groups, asset managers and hedge funds. She will also coordinate coverage with the New York markets and deals teams, as well as continue to write her business column and cover some of Wall Street’s biggest asset managers, including BlackRock.

“Brooke may well be the smartest journalist at the FT, and having her at the helm of our financial coverage in New York will ensure our growing team is the best in the industry,” said Peter Spiegel, US managing editor. “Nobody I know is better at picking targets, asking the right questions and ensuring our journalism is tough, clear and fair.” 

Masters replaces Gary Silverman, who is moving to Tokyo to become business editor of Nikkei Asia, the FT’s sister publication covering Asian business and finance. Before becoming US financial editor in 2021, Silverman served two stints as US news editor, overseeing the FT’s coverage of three presidential elections and the 2008 global financial crisis.

“Gary’s shoes are almost too big to fill; nobody at the FT knows where the bodies are buried on Wall Street better than Gary does, having covered this town for nearly three decades,” Spiegel said. “But Gary put up his hand to return to his first love: Asia, where he cut his teeth as a young reporter. Nikkei Asia is lucky to have him.”

Shigesaburo Okumura, Editor-in-Chief at Nikkei Asia, said, "We are delighted to welcome Gary as Nikkei Asia's new business editor. As Nikkei's only English publication, our mission is to bring Asian news to a global audience. To do that, we are working with young, highly motivated reporters around the region. We hope Gary's long-time experience in covering business and financial news in many places including Asia helps our reporters grow and the quality of our content improve so that we gain even more recognition."

Michael Peel, Executive Editor Nikkei Asia, said, "The secondment of a journalist of Gary's calibre is great news and a sign of the strength of the Nikkei-FT partnership. We look forward to welcoming Gary to join our talented team of journalists in Tokyo and across the region.” 

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For more information, please contact: Molly Eisner | molly.eisner@ft.com 

About the Financial Times

The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of 1.2 million, more than one million of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.