Anshu Jain, Indian-born investment banker and former Deutsche Bank CEO, dies at 59
Anshu Jain, a prominent figure in global finance and the former chief executive of Deutsche Bank, has died at the age of 59. His family confirmed the news, expressing gratitude for the care he received throughout his life. They described his legacy as one built on perseverance, honor, and love.
Jain passed away last night after a battle with cancer that began several years ago. Reports indicate he was diagnosed five years earlier, and his family asked for privacy as they mourned his loss. The news was reported by CNBC and others who recalled his long career in finance and philanthropy.
From 2017, Jain served as president of Cantor Fitzgerald, a major American financial firm. Before joining Cantor Fitzgerald, he led Deutsche Bank, one of Europe’s largest lenders, where his tenure ended after the bank grappled with regulatory challenges. His departure came before the expiration of his contract, amid a period of intensive regulatory scrutiny in the industry.
Earlier in his career, Jain held influential roles at Merrill Lynch, a leading U.S. investment bank, and at Kidder Peabody, a historic brokerage. He also advised fintech ventures such as SoFi and contributed as a trustee to Chance to Shine, a British charity focused on promoting sport and opportunity for young people. These positions underscored Jain’s broad influence across traditional banking, fintech advisory, and charitable work.
In related news, the day before Jain’s passing, French cartoonist Jean-Jacques Sempé was reported to have died at the age of 89, marking another notable loss in the world of art. The two arcs of their lives reflect the diverse paths of influence—one in high finance and corporate leadership, the other in art and culture—and how public figures leave a lasting imprint across communities and industries.