Wall Street

Former Deutsche Bank co-CEO Anshu Jain dies

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Reuters

(Reuters) -Anshu Jain, a top finance executive best known for helping German lender Deutsche Bank AG take on the largest Wall Street firms, died overnight on Saturday after a five-year battle with cancer, his family said. He was 59. Jain, who was born in India, spent two decades building Deutsche Bank into one of the world’s top universal banks. He was the first non-European to lead the German institution. In the aftermath of the financial crisis of 2008 and the European debt crisis that followed, Jain pushed Deutsche to remain Europe’s “last man standing” as U.S. firms pulled ahead in global …

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