Deutsche Bank made the announcement on Monday evening after a special meeting of the supervisory board ahead of its regular meeting on Tuesday, at which the bank will announce its quarterly results.
Jain, who, landed the top spot at Deutsche in 2012, had to resign following criticism from investors
The academic prize is sponsored by the Deutsche Bank Donation Fund and carries an endowment of euro 50,000.
Last month, German lender said it was co-operating with regulators in global foreign exchange probe.
Global banking major did not recognise up to $12 billion of paper losses during the financial crisis, that helped it to stave off a government bailout.
Anshuman Jain became the co-head of Deutsche Bank in 2012 along with Juergen Fitschen.
Anshu Jain spent 20 years building Deutsche Bank.
Jain did not want to financially burden the bank with his own, personal decision to quit
Deutsche Bank in India has managed to avoid the bad-loan problems plaguing its rivals such as Standard Chartered Plc.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances