Check out what’s clicked on FoxBusiness.com.
Anshu Jin, president of Cantor Fitzgerald and former co-CEO of Deutsche Bank, has passed away. He was 59 years old.
The news was reported by his family in a statement on Saturday.
Jayne died after a struggle with duodenal cancer, which was diagnosed in 2017.
was jain Co-CEO of Deutsche Bank From 2012 to 2015.
FILE – Deutsche Bank co-CEO Anshu Jane speaks during the annual shareholder meeting in Frankfurt, Germany, on May 22, 2014. Jane, co-CEO of Deutsche Bank, has passed away, according to a statement issued by his family on Saturday, August 13, 2022. He was ((AP Photo / Michael Probst, File) / AP Newsroom)
It was at Deutsche Bank Where he helped build the company’s business in the global capital markets.
US economy on the brink of a “major recession”, Deutsche Bank warns
Jain served as co-CEO alongside Jürgen Fitchen and was the first ever non-European to lead a German bank.
There is a logo depicted on the Deutsche Bank building in Geneva, Switzerland. (Reuters/Denis Balibos/file photo/Reuters Images)
“Anshu Jain has played a key role in expanding Deutsche Bank’s position in our global business with corporate and institutional investors,” said Alexander Wenandts, Chairman of Deutsche Bank’s Supervisory Board. “Today, this is of strategic importance not only for Deutsche Bank, but for Europe as a financial centre.”
Deutsche Bank beat Russian business
Jain served as President and is headquartered in New York Cantor Fitzgerald Financial Services Corporation From 2017 until his death.
NEW YORK, NY – An annual charity day hosted by Cantor Fitzgerald: Anshu Jain, Eddie Lutnick, Howard Lutnick and Jim Pokola on September 11, 2019 in New York City. (Photo by Dia Dipasobel/Getty Images Cantor Fitzgerald/Getty Images)
Cantor Fitzgerald CEO Howard Lutnick said Jane “was a skilled professional who brought a wealth of experience and wisdom to his role as President”.
He started his career at Kidder’s company, Peabody & Co. He then moved to Merrill Lynch, where he founded and then managed the company’s global hedge fund coverage group.
Click here to read more about FOX BUSINESS
He is survived by his wife Geetika, mother and two children.
The Associated Press contributed to this report.
“Certified music scholar. Freelance analyst. Social mediaholic. Hipster-friendly web nerd. Zombie buff.”