Anshu Jain

From MarketsWiki
Jump to navigation Jump to search


RCGLogo-400px.jpg



Anshu Jain
Anshu-jain.jpg
Occupation President
Employer Cantor Fitzgerald

Anshu Jain was appointed president at Cantor Fitzgerald, effective the week of January 9, 2017.[1]

He is also a former co-CEO of Deutsche Bank. He was appointed to that role in August of 2011. His responsibilities included overseeing the operational side of the bank's business. He resigned from the company effective June 2015, after a series of financial missteps and regulatory penalties at the bank. His co-CEO, Juergen Fitschen, also resigned.[2]

Jain oversaw a period of rapid growth at Deutsche Bank, particularly in the markets business where he started his career.[3]

Background[edit]

Jain was born in India but has become a UK citizen. His background includes growing a powerful investment bank franchise generating 75% of the company's profits. [4]

Jain joined Deutsche Bank in 1995 from Merrill Lynch. He worked his way up to become Deutsche's highest paid board member, earning $17.2 million in 2010. [5]

Jain has extensive experience working with political entities He has served as a member of the Indian prime minister's working group on inward investments and as a member of Deutsche Bank's team advising the British Treasury on financial stability. He was also one of the businessmen who accompanied UK Prime Minister David Cameron on a networking tour of India, in July 2011.

In 2019, German prosecutors were probing Deutsche Bank as part of an investigation into a dividend stripping scheme. Jain was among the 78 current and former bank officials were among those being investigated.[6]

Education[edit]

Jain graduated from the University of Delhi and went on to receive his MBA from the University of Massachusetts.

References[edit]

John Lothian News logo1.png

@JohnLothian Twitter Feed

@JohnLothian: FIA Europe Head Bruce Savage’s One-Question IDX Interview
FIA Europe Head Bruce Savage’s One-Question IDX Interview https://t.co/tMztwZ9Tz2— John Lothian (@JohnLothian) June 30, 2022

View Page

@JohnLothian: FIA Tech’s Andrew Castello Talks Reference Data, Symbology at IDX
FIA Tech’s Andrew Castello Talks Reference Data, Symbology at IDX https://t.co/PtpdVruqme— John Lothian (@JohnLothian) June 30, 2022

View Page

@JohnLothian: Tether’s mystery commercial paper exposure
Tether’s mystery commercial paper exposure https://t.co/zcTWBHfd0P— John Lothian (@JohnLothian) June 30, 2022

View Page

@JohnLothian: Crypto hedge fund Three Arrows falls into liquidation
Crypto hedge fund Three Arrows falls into liquidation https://t.co/gC2HiXPfSu— John Lothian (@JohnLothian) June 30, 2022

View Page

@JohnLothian: China lured graduate jobseekers into digital espionage
China lured graduate jobseekers into digital espionage https://t.co/pwZdTjayNA— John Lothian (@JohnLothian) June 30, 2022

View Page

@JohnLothian: It's possible to see the bed of Italy's Po in some areas as river levels are 80% lower than normal via @business
It's possible to see the bed of Italy's Po in some areas as river levels are 80% lower than normal https://t.co/6d1j84Rlzk via @business— John Lothian (@JohnLothian) June 30, 2022

View Page

We visit more than 100 websites daily for financial news (Would YOU do that?). Read the John Lothian Newsletter.