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....
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