Advertisement

Deutsche Bank manager found dead in London home

Close ally to bank's co-CEO appears to have committed suicide in London

Reading Time:2 minutes
Why you can trust SCMP
Deutsche Bank

William Broeksmit, a former senior manager at Deutsche Bank with close ties to co-CEO Anshu Jain, has been found dead at his home in London in what appears to have been a suicide.

Advertisement

Jain and the bank's other co-chief executive Juergen Fitschen announced Broeksmit's death in an internal mail to Deutsche Bank employees.

Asked about the death, London's Metropolitan Police said a 58-year-old man had been found hanging at a house in South Kensington on Sunday afternoon and been pronounced dead at the scene. Police declared the death non-suspicious.

Police also called "non-suspicious" the death of a man who fell from JP Morgan's 33-storey tower in the heart of London's Canary Wharf financial district.

It was unclear if the 39-year-old man was working for JP Morgan. A JP Morgan spokesman said the firm was investigating the incident.

Advertisement

Broeksmit, a US national, was an instrumental founder of Deutsche's investment bank and attracted many bankers, including Jain, who joined Germany's flagship lender from Merrill Lynch in the 1990s, when Deutsche launched plans to compete on Wall Street.

loading
Advertisement