Former top executive at Deutsche Bank found hanged at his Kensington home

Location: The body of William 'Bill' Broeksmit, 58, was found at his home  in South Kensington, central LondonDaily Mail = by MARK DUELL and KIERAN CORCORAN

A former Deutsche Bank executive has been found dead at a house in London, it emerged today.

The body of William ‘Bill’ Broeksmit, 58, was discovered at his home in South Kensington on Sunday shortly after midday by police, who had been called to reports of a man found hanging at a house.

Mr Broeksmit – who retired last February – was a former senior manager with close ties to co-chief executive Anshu Jain. Metropolitan Police officers said his death was non-suspicious.  

Location: The body of William 'Bill' Broeksmit, 58, was found at his home  in South Kensington, central London

Location: The body of William ‘Bill’ Broeksmit, 58, was found at his home in South Kensington, central London

Discovery: Police had been called to reports of a man found hanging at a house on this road, Evelyn Gardens

Discovery: Police had been called to reports of a man found hanging at a house on this road, Evelyn Gardens

Mr Jain and co-chief executive Juergen Fitschen said in an internal memo: ‘He was considered by many of his peers to be among the finest minds in the fields of risk and capital management.’

They added: ‘We are deeply saddened by Bill’s death. He was a dear friend and colleague to many of us who benefitted from his intellect and wisdom.

‘Our thoughts and condolences are with his wife and family at this time. We will remember him for his contributions to Deutsche Bank, thoughtful advice and personal friendship.’

Mr Broeksmit worked in investment banking – specifically risk and securities – and lived on exclusive Evelyn Gardens in South Kensington, which has an average property value of £1.9million.

He is also registered to a high-value property a stone’s throw from New York’s Central Park.

Mr Broeksmit’s name appears on U.S. government records for the Broeksmit Family Foundation, which is based in the palatial 1185 Park Avenue building.

The three-bedroom, three-bathroom apartment to which he is linked was worth $4,500,000 when it was last sold in June 2000.

Links: Mr Broeksmit is linked by U.S. documents to an apartment in this building, yards from Central Park

Links: Mr Broeksmit is linked by U.S. documents to an apartment in this building, yards from Central Park

Offices: He worked at Deutsche Bank from 1996 to 2001, then from 2008 until he retired (file picture)

Offices: He worked at Deutsche Bank from 1996 to 2001, then from 2008 until he retired (file picture)

Tribute: Co-chairmen of Deutsche Bank, Juergen Fitschen (left) and Anshu Jain (right) called Mr Broeksmit 'a dear friend and colleague to many of us who benefited from his intellect and wisdom'

Tribute: Co-chairmen of Deutsche Bank, Juergen Fitschen (left) and Anshu Jain (right) called Mr Broeksmit ‘a dear friend and colleague to many of us who benefited from his intellect and wisdom’

He worked at Deutsche Bank from 1996 to 2001, then from 2008 until he retired. Mr Broeksmit was also employed by Merrill Lynch for a period.

Mr Broeksmit was one of around 100 bankers who left Merrill Lynch for Deutsche when its investment banking arm was founded in the 1990s.

He was involved in the process of rescuing the bank in the wake of the 2008 financial crisis, when many investment banks found their debts were ‘toxic’, and unlikely ever to be repaid.

Mr Broeksmit, a renowned risk expert, assisted the bank’s efforts to shift the worst of the debt, and reduce its total amount of lending.

Chiefs at Deutsche Bank had planned to promote Mr Broeksmit to its management board in 2012, but stopped when the German financial regulator expressed doubts about his experience as a leader.

Scotland Yard confirmed only that a 58-year-old man was found hanged. A spokesman said: ‘Police were called at 12.35pm on Sunday to a man found hanging at Evelyn Gardens, SW7.

‘Kensington and Chelsea police, ambulance and air ambulance all attended. A 58-year-old man was declared dead at the scene. The death is being treated as non-suspicious.’

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2 thoughts on “Former top executive at Deutsche Bank found hanged at his Kensington home

  1. It’s kind of strange to hear of a hanging ruled as “non-suspicious”, but I don’t think it’s suspicious either. He had it coming, and I’m glad there were a few freedom fighters hiding in his house to string him up when he got home. (the article didn’t reveal all those details, but instead that’s my theory)

    And Park Ave. is two long blocks from Central Park — not “yards” away. (but as long as they’re lying about everything else anyway, who cares?)

  2. This is a message from the federal reserve to the rest of the bank officials… I bet we don’t hear anything else about repatriated gold! They are an out of control zionist criminal gang that have manipulated themselves into such a position that they own the police and everything else and can do what they like… It is truly a disgusting state of affairs that will fall to pieces as these criminals will turn on one another in the end… They will destroy themselves and us through their sheer greed. Zionism should be associated with greed , parasites and disease! God bless us all….

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