William Broeksmit, a former senior manager at Deutsche Bank with close ties to co-chief executive Anshu Jain, has been found dead at his home in London in what appears to have been a suicide.
Jain and the bank’s other co-CEO Juergen Fitschen announced Broeksmit’s death in an internal mail to Deutsche Bank employees.
London’s Metropolitan Police issued a statement saying 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.
Broeksmit, a US national, was an instrumental founder of Deutsche’s investment bank and one 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. His death comes at an uncomfortable juncture for Jain and Fitschen, whose reign has been dogged by poor results and legal troubles.
JP Morgan IT executive falls to death
LONDON: A JP Morgan tech executive fell to his death from the US bank’s 33-storey tower in London’s Canary Wharf financial district on Tuesday in what British police said was a “non-suspicious” incident.
Police were called to the glass skyscraper at 8:02 GMT, where a 39-year-old man was pronounced dead at the scene after hitting a lower 9th-floor roof. A source confirmed the deceased was Gabriel Magee, a vice president with the JP Morgan’s corporate and investment bank technology arm, who had been an employee since 2004.