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Ex-Deutsche Bank exec dies

January 28, 2014

William Broeksmit, a former senior executive of Deutsche Bank has died, aged 58. The cause of death has not yet been confirmed.

Deutsche Bank logo
Image: picture-alliance/dpa

Deutsche Bank confirmed the death of its former executive, William Broeksmit, in a statement on Tuesday.

"We are deeply saddened at the death of William Broeksmit. He was a good friend and colleague and enriched our lives with his intellect and his knowledge," the statement from co-chief executives Anshu Jain and Jürgen Fitschen read.

A report from Reuters news agency indicated London Police had found him dead at his home on Sunday.The cause of death was not immediately made public.

The American worked for Deutsche Bank from 1996 until 2001, and then from 2008 until February of last year. A restructuring led to his leaving Germany's largest bank.

JP Morgan executive in fatal fall

Meanwhile British police on Tuesday said the fatal fall of a senior JP Morgan technology executive from the US bank's 33-storey tower in London was a "non-suspicious" incident.

The bank said Gabriel Magee had worked with them for a decade and they was "deeply saddened to have lost a member of the JP Morgan family."

Magee had not been a trader or a banker, the bank added.

Medics pronounced the 39-year-old dead at the scene after his body hit a lower 9th-floor roof and lay in view of witnesses for several hours.

Workers at London's high-rise Canary Wharf financial district, where the death occurred, expressed shock.

Several similar incidents in London since 2012 have prompted criticism of demands placed on financial service workers.

kms, ipj/ccp (Reuters, dpa)