Anshu Jain, who helped transform Deutsche Bank from a conservative middle-market lender in Germany into a Wall Street giant and who eventually became its first non-European CEO, died Saturday in London, where he lived
Anshu Jain and his wife, Geetika Jain, in New York, Feb. 26, 2014. Jain, who helped transform Deutsche Bank from a conservative middle-market lender in Germany into a Wall Street giant and who eventually became its first non-European chief executive, died on Saturday, Aug. 13, 2022, in London, where he lived. He was 59. (Tina Fineberg/The New York Times)
Anshu Jain, who helped transform Deutsche Bank from a conservative middle-market lender in Germany into a Wall Street giant and who eventually became its first non-European CEO, died Saturday in London, where he lived. He was 59.
The cause was cancer of the intestines, his family said in a statement.
Jain, who joined Deutsche Bank in the mid-1990s, helped build the bank’s Wall Street businesses, not only advising companies but trading in the complex financial products whose sudden collapse in value in 2008 set off a global panic in the financial markets.
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