Deutsche Bank's grip on Asia FX market may slip on Jain's exit
The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia`s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive businesses Jain oversaw.
Jun 11, 2015, 10:45 AM ISTAnshu Jain resigns as co-CEO of Deutsche Bank; John Cryan named new CEO
Jain landed the top spot at Deutsche in 2012 after the investment banking division he ran consistently delivered up to 85 percent of group profit and frequently outperformed peers.
Jun 08, 2015, 08:53 AM IST