Anshu Jain, first non-European to head Deutsche Bank, passes away at 59

Jain recently recruited teams of traders from larger rivals to work at Cantor Fitzgerald as that firm's chief, Howard Lutnick, expanded ambitions in trading and relationships with global investors

Anshu Jain, Cantor Fitzgerald’s president who was known for his time leading Deutsche Bank traders into the lender’s investment banking heights, died five years after being diagnosed with duodenal cancer. He was 59. 
 

“We are deeply saddened that our beloved husband, son, and father, Anshu Jain, passed away overnight,” his family said in a statement. He had been president of Cantor Fitzgerald since 2017, and before that was co-chief executive of Deutsche Bank AG. 

Jain outlived his initial diagnosis, made in January 2017, by four years “through a combination of exhaustive personal research, tactical skill, amazing caregivers, and sheer force