The NY Times reports that it's a hard road being a non-German speaking banker of Indian descent working in London--especially if your career goal is to run a top German bank.
This is the obstacle faced by Anshu Jain, who has successfully run Deutsche Bank's ascendant worldwide investment banking operations, which accounts for about 90 percent of the company's profits. Jain has certainly made himself a star in the industry. With him at the helm, Deutsche Bank now ranks No. 1 in the U.S. fixed income league table.
Unfortunately, as a non-German and Wall Street product, Mr. Jain is facing an uphill battle to succeed Deutsche Bank’s chief executive, Josef Ackermann…. Not that the Germans are prejudiced or anything, God forbid....
Find out more at:
http://www.nytimes.com/2011/06/15/business/global/15jain.html?_r=1&ref=business
No comments:
Post a Comment