Henry Cai leaves

Henry Cai to leave Deutsche Bank next year

The veteran China dealmaker, nicknamed the grandfather of China's capital markets, may leave investment banking.

Henry Cai, Deutsche Bank’s executive chairman of corporate finance for Asia-Pacific, is in discussions about leaving investment banking, industry sources said on Thursday. 

Cai is approaching retirement age and is expected to leave the German bank around February and take up several board room seats instead, one of the sources said. He may join a large Shanghai-based company, said another source. 

Robert Rankin, Deutsche Bank's global co-head of corporate banking and securities, and head of corporate finance - and Cai's former boss at UBS - is also leaving the bank in January to become chief executive of James Packer's private investment vehicle Consolidated Press Holdings....

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222