Anshu Jain to join Cantor Fitzgerald
Former Deutsche Bank co-chief executive officer Anshu Jain is to join Cantor Fitzgerald as president.
He will be based in London and oversee strategy and expansion in areas including fixed income and equities trading as well as prime brokerage.
"Anshu has a proven track record as a pioneer and builder of leading global businesses," Howard W Lutnick, Cantor's chairman and CEO, said in a statement announcing the hire.
US-based Cantor Fitzgerald is relatively small compared to Deutsche Bank but has expanded into Europe since the crash, including buying the former Dolmen Stockbrokers business in Ireland and becoming a primary dealer in Irish Government bonds.