Jain Says Banks Haven’t Seen ‘Significant’ Employee Talent Loss
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Deutsche Bank AG’s Anshu Jain, who is taking over as co-chief executive officer at the end of May, said the firm and its competitors haven’t seen a “significant” loss in skilled employees amid restrictions on pay.
“We have not seen a significant diminution of talent in the industry, I would dare say, and certainly not at Deutsche Bank,” the head of the firm’s investment bank said in an interview with Bloomberg Television today at the World Economic Forum in Davos, Switzerland. “We’re committed to paying competitively for the best talent.”