Cantor Fitzgerald have announced that Anshu Jain has joined the firm as President.
'Ensuring the best split possible and avoid a lot of ‘noise’ around the move'.
If you had to pick the moment when European banking reached the point of no return, which would you choose?
Anshu Jain spent two decades turning Deutsche Bank into a global investment-banking behemoth. Now the lender is cutting its client list in half and pulling out of countries around the world.
Anshu Jain, who stepped down as co-chief executive officer of Deutsche Bank in June after 20 years at the company, said he regrets that its transformation into a global bank didn’t translate into a rising share price.
As part of a plan to lift profitability and capital levels.
Deutsche Bank, which runs Europe’s largest investment bank, nominated Standard Chartered’s former Finance Director Richard Meddings to join its supervisory board.
German banking regulator Bafin cleared former Deutsche Bank co-CEO Anshu Jain of misleading the Bundesbank about his knowledge of the company’s role in attempts to manipulate benchmark interest rates.
Facing thousands of Deutsche Bank investors, many of them mutinous, Anshu Jain knew a lot was riding on his speech at the annual meeting of the bank.