Announcement

Collapse
No announcement yet.

ITB - Banker Deaths Climb to 15: Goldman Sachs Managing Director Found Dead

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • ITB - Banker Deaths Climb to 15: Goldman Sachs Managing Director Found Dead

    52 Year-Old French Banker Jumps To Her Death In Paris (After Questioning Her Superiors)

    Zero Hedge

    Tyler Durden
    4/24/2014

    Excerpt:

    There have been 13 senior financial services executives deaths around the world this year, but the most notable thing about the sad suicide of the 14th, a 52-year-old banker at France's Bred-Banque-Populaire, is she is the first female. As Le Parisien reports, Lydia (no surname given) jumped from the bank's Paris headquarter's 14th floor shortly before 10am. FranceTV added that sources said "she questioned her superiors before jumping out the window," but the bank denies it noting that she had been in therpapy for several years.

    FranceTV and Le Parisien reports,

    An employee of the Bred-Banque Populaire has committed suicide, Tuesday, April 22 in the morning at the headquarters of the bank. On her arrival at headquarters, quai de la Rapee, in the 12th arrondissement of Paris...

    The incident occurred shortly before 10 am, 200 meters from the Ministry of Finance.
    ...
    According to our sources, she questioned his superiors before jumping out the window, that formally denies the direction of the Bank.

    "There is absolutely no evidence for designating his relationships with his hierarchy as responsible or letter or message " insists the direction of the communication FranceTV info.

    It also speaks of a "very painful moment for the company" .
    ...
    In an email to all employees consulted by FranceTV info, the management of the bank confirms the "death by suicide" and said "severely affected." It shows have established a psychological unit.
    ...
    "For the moment, nothing puts the company in question, says the majority union SUNI-Bred/UNSA. The employee got along very well with her new team, her superior is very nice.

    "According to a close," Lydia lived alone, in a difficult environment.

    The human resources department states that this inhabitant of Ivry was in therapy for several years. Each describes a "secretive" but "very well known and popular" woman, but "never spoke of it."

    This is the 14th financial services exective death in recent months...

    1 - William Broeksmit, 58-year-old former senior executive at Deutsche Bank AG, was found dead in his home after an apparent suicide in South Kensington in central London, on January 26th.

    2 - Karl Slym, 51 year old Tata Motors managing director Karl Slym, was found dead on the fourth floor of the Shangri-La hotel in Bangkok on January 27th.

    3 - Gabriel Magee, a 39-year-old JP Morgan employee, died after falling from the roof of the JP Morgan European headquarters in London on January 27th.

    4 - Mike Dueker, 50-year-old chief economist of a US investment bank was found dead close to the Tacoma Narrows Bridge in Washington State.

    5 - Richard Talley, the 57 year old founder of American Title Services in Centennial, Colorado, was found dead earlier this month after apparently shooting himself with a nail gun.

    6 - Tim Dickenson, a U.K.-based communications director at Swiss Re AG, also died last month, however the circumstances surrounding his death are still unknown.

    7 - Ryan Henry Crane, a 37 year old executive at JP Morgan died in an alleged suicide just a few weeks ago. No details have been released about his death aside from this small obituary announcement at the Stamford Daily Voice.

    8 - Li Junjie, 33-year-old banker in Hong Kong jumped from the JP Morgan HQ in Hong Kong this week.

    9 - James Stuart Jr, Former National Bank of Commerce CEO, found dead in Scottsdale, Ariz., the morning of Feb. 19. A family spokesman did not say whatcaused the death

    10 - Edmund (Eddie) Reilly, 47, a trader at Midtown’s Vertical Group, commited suicide by jumping in front of LIRR train

    11 - Kenneth Bellando, 28, a trader at Levy Capital, formerly investment banking analyst at JPMorgan, jumped to his death from his 6th floor East Side apartment.

    12 - Jan Peter Schmittmann, 57, the former CEO of Dutch bank ABN Amro found dead at home near Amsterdam with wife and daughter.

    13 - Li Jianhua, 49, the director of China's Banking Regulatory Commission died of a sudden heart attack

    14 - Lydia _____, 52 - jumped to her suicide from the 14th floor of Bred-Banque Populaire in Paris


    View the complete article at:

    http://www.zerohedge.com/news/2014-0...-her-superiors
    Last edited by bsteadman; 04-26-2014, 02:03 PM.
    B. Steadman

  • #2
    Thank you for posting this.

    Comment


    • #3
      Banker Deaths Climb to 15: Goldman Sachs Managing Director Found Dead

      Freedom Outpost

      Melissa Melton
      7/22/2014

      Excerpt:

      Nicholas Valtz, a 39-year old managing director at Goldman Sachs Group Inc. in New York, was found dead Sunday afternoon in Napeague Harbor where he had reportedly gone earlier that day to kiteboard. Valtz’ body was found still tied to his kite.

      Kiteboarding, also called kitesurfing, combines elements of windsurfing and paragliding which can garner speeds of up to 40 mph. His brother told Bloomberg that Valtz was still new to the sport.

      “As a cross-asset sales executive, he helped manage orders for trading clients and pitch them products and ideas among different types of securities. His wife, Sashi Valtz, also works at Goldman Sachs as head of global third-party research sales, according to her LinkedIn profile,” Bloomberg reported.

      While the majority of articles have made it clear the police are still investigating this incident and the cause of death is yet unknown, the Daily Mail already ran with the headline, “Goldman Sachs managing director, 39, found dead after kiteboarding accident“.

      The incident marks the 15th reported death of a senior banking and finance executive in recent months as just a few weeks ago, JP Morgan Executive Director Julian Knott shot his wife Alita to death with a shotgun before turning the weapon on himself.

      Zero Hedge posted the recap of recent banker deaths below after a 52-year-old female banker at France’s Bred-Banque-Populaire jumped from the 14th floor of the bank’s Paris headquarters back in April:

      ............................................

      View the complete article at:

      http://freedomoutpost.com/2014/07/ba...or-found-dead/
      B. Steadman

      Comment


      • #4
        Another Deutsche Banker And Former SEC Enforcement Attorney Commits Suicide

        Zerohedge.com

        Tyler Durden's
        10/25/2014

        Excerpt:

        Back on January 26, a 58-year-old former senior executive at German investment bank behemoth Deutsche Bank, William Broeksmit, was found dead after hanging himself at his London home, and with that, set off an unprecedented series of banker suicides throughout the year which included former Fed officials and numerous JPMorgan traders.

        Following a brief late summer spell in which there was little if any news of bankers taking their lives, as reported previously, the banker suicides returned with a bang when none other than the hedge fund partner of infamous former IMF head Dominique Strauss-Khan, Thierry Leyne, a French-Israeli entrepreneur, was found dead after jumping off the 23rd floor of one of the Yoo towers, a prestigious residential complex in Tel Aviv.

        Just a few brief hours later the WSJ reported that yet another Deutsche Bank veteran has committed suicide, and not just anyone but the bank's associate general counsel, 41 year old Calogero "Charlie" Gambino, who was found on the morning of Oct. 20, having also hung himself by the neck from a stairway banister, which according to the New York Police Department was the cause of death. We assume that any relationship to the famous Italian family carrying that last name is purely accidental.

        Here is his bio from a recent conference which he attended:

        Charlie J. Gambino is a Managing Director and Associate General Counsel in the Regulatory, Litigation and Internal Investigation group for Deutsche Bank in the Americas. Mr. Gambino served as a staff attorney in the United Securities and Exchange Commission’s Division of Enforcement from 1997 to 1999. He also was associated with the law firm of Skadden, Arps, Slate Meagher & Flom from 1999 to 2003. He is a frequent speaker at securities law conferences. Mr. Gambino is a member of the American Bar Association and the Association of the Bar of the City of New York.

        As a reminder, the other Deutsche Bank-er who was found dead earlier in the year, William Broeksmit, was involved in the bank's risk function and advised the firm's senior leadership; he was "anxious about various authorities investigating areas of the bank where he worked," according to written evidence from his psychologist, given Tuesday at an inquest at London's Royal Courts of Justice. And now that an almost identical suicide by hanging has taken place at Europe's most systemically important bank, and by a person who worked in a nearly identical function - to shield the bank from regulators and prosecutors and cover up its allegedly illegal activities with settlements and fines - is surely bound to raise many questions.

        The WSJ reports that Mr. Gambino had been "closely involved in negotiating legal issues for Deutsche Bank, including the prolonged probe into manipulation of the London interbank offered rate, or Libor, and ongoing investigations into manipulation of currencies markets, according to people familiar with his role at the bank."

        ............................................

        View the complete article, including photo, at:

        http://www.zerohedge.com/news/2014-1...parent-suicide
        B. Steadman

        Comment


        • #5
          Who is killing the great bankers of Europe?

          American Thinker

          Rick Moran
          1/25/2015

          Excerpt:

          This is either the most interesting case of coincidental deaths or one of the most evil plots in modern history.

          Western bankers are dropping dead all over the place - most of them youngish and in good health. There appear to be an unusual number of suicides and "unexplained" deaths.

          Last year, 36 bankers died. There have been 3 already this year, including the latest - a Dutch financier who worked for Amro bank.

          Zero Hedge blog has been following this story.

          Following the deaths of 36 bankers last year, 2015 has got off to an inauspicious start with the reported suicide of Chris Van Eeghen - the 4th ABN Amro banker suicide in the last few years. As Quotenet reports, the death of Van Eghen - the head of ABN's corporate finance and capital markets -"startled" friends and colleagues as the 42-year-old "had a great reputation" at work, came from an "illustrious family," and enjoyed national fame briefly as the boyfriend of a famous actress/model. As one colleague noted, "he was always cheerful, good mood, and apparently he had everything your heart desired. He never sat in the pit, never was down, so I was extremely surprised. I can not understand."

          As Niburu details, friends and colleagues were startled by the news that Chris van Eeghen had committed suicide.

          He worked in Amsterdam for ABN / AMRO in the position of "head of syndicate and corporate finance markets."

          Again, there is again a familiar pattern, namely that there is no indication that Van Eeghen had plans to take his life.

          Ostensibly a successful banker, coming from what was described as an illustrious family. Chris was also a familiar sight in Amsterdam's nightlife scene and enjoyed national fame as possible new boyfriend of Tatjana Simic (a famous Croatian-Dutch model, singer, actress).

          Most believe that the suicide is not related to his work at the bank,
          but a former colleague had noticed that on his Facebook recently changed
          its job title to "former."

          Chris leaves behind a son - who had recently been cleared of cancer.

          This is the 4th ABN Amro suicide in recent years...

          So what's going on? Almost certainly, it isn't a plot. Banking - especially at the level that most of these bankers had reached - is a stressful occupation with more than the average number of suicides. It's also logical that such stress could lead to an early death due to heart attack or stroke. (Researchers now believe that some cancers are related to stress.)
          ...........................................


          View the complete article at:

          http://www.americanthinker.com/blog/...of_europe.html
          B. Steadman

          Comment


          • #6
            As it has been from the outset, this thread on dead bankers is very interesting and exceedingly thought proviking.

            Comment


            • #7
              "Riddles" Surround 36th Dead Banker Of The Year [Dec, 2014]

              Zero Hedge
              by Tyler Durden
              12/07/2014

              1) David Bird, 55, long-time reporter for the Wall Street Journal working at the Dow Jones news room
              2) Tim Dickenson, a U.K.-based communications director at Swiss Re AG
              3) William Broeksmit, 58, former senior manager for Deutsche Bank
              4) Ryan Henry Crane, age 37, JP Morgan
              5) Li Junjie, 33, Hong Kong JP Morgan
              6) Gabriel Magee, 39, age JP Morgan employee
              7) Mike Dueker, 50, who had worked for Russell Investments
              8) Richard Talley, 57, was the founder and CEO of American Title (real estate titles)
              9) James Stuart Jr. 70, Former National Bank of Commerce CEO was found dead in Scottsdale, Ariz
              10) Jason Alan Salais, 34 year old IT Specialist at JPMorgan since 2008
              11) Autumn Radtke, 28, CEO of First Meta, a Singapore-based virtual currency trading platform
              12) Eddie Reilly, 47, investment banker, Vertical Group, New York
              13) Kenneth Ballando, 28, investment banker, Levy Capital, New york
              14) Joseph A. Giampapa, 55, corporate bankruptcy lawyer, JP Morgan Chase
              15) Jan Peter Schmittmann, 57, voormalig topbestuurder ANB/AMRO, Laren, Nederland
              16) Juergen Frick, 48, CEO Bank Frick & Co AG, Liechtenstein
              17) Benoît Philippens, 37, directeur BNP Parisbas Fortis Bank, Ans, België.
              18) Lydia…, 52, bankier Bred-Banque-Populaire, Parijs
              19) Andrew Jarzyk, 27, bankier, PNC Bank, New York
              20) Carlos Six, 61, Hoofd Belastingdienst en lid CREDAF, België
              21) Jan Winkelhuijzen, 75, Commissaris en Fiscalist (voormalig Deloitte), Nederland.
              22) Richard Rockefeller, 66, achterkleinzoon elitebankier John D. Rockefeller, Amerika
              23) Mahafarid Amir Khosravi (Amir Mansour Aria), 45, bankeigenaar, zakenman en derivatenhandelaar, Iran
              24) Lewis Katz, 76, zakenman, advocaat en insider in de bancaire wereld, Amerika
              25) Julian Knott, Directeur Global Operations Center JP Morgan, 45, Amerika
              26) Richard Gravino, IT Specialist JP Morgan, 49, Amerika
              27) Thomas James Schenkman, Managing Director Global Infrastructure JP Morgan, 42, Amerika
              28) Nicholas Valtz, 39, Managing Director Goldman Sachs, New York, Amerika
              29) Therese Brouwer, 50, Managing Director ING, Nederland
              30) Tod Robert Edward, 51, Vice President M & T Bank, Amerika
              31) Thierry Leyne, 48, investeringsbankier en eigenaar Anatevka S.A., Israël
              32) Calogero Gambino, 41, Managing Director Deutsche Bank, Amerika
              33) Shawn D. Miller, 42, Managing Director Citigroup, New York, Amerika
              34) Melissa Millian, 54, Senior Vice President Mass Mutual, Amerika
              35) Thieu Leenen, 64, Relatiemanager ABN/AMRO, Eindhoven, Nederland

              36) Geert Tack, 52, Private Banker ING, Haaltert, België
              (Tack's Body found on December 3rd, 2014 off the coast of Ostend, Belgium - link here and here)

              Read more at:

              http://www.zerohedge.com/news/2014-1...ad-banker-year

              Comment


              • #8
                A JPMorgan associate and his wife were found dead in an apparent murder-suicide inside their New Jersey home

                Business Insider (Australia)
                By Julia La Roche
                February 9, 2015


                Excerpt:

                A JPMorgan Chase associate and his wife were found dead in an apparent murder-suicide in Closter, New Jersey on Friday evening.

                According to the Bergen County prosecutor John Molinelli, Michael Tabacchi, 27 [DOB: 12-21-87], allegedly killed his wife, Iran Pars Tabacchi, 41 [DOB: 7/19/1973], who also went by “Denise.”

                “Autopsy on Closter couple shows wife died from strangulation and single stab wound to chest. Husband died from self inflicted stab chest,” Molinelli Tweeted.

                The Bergen County Record reports that Michael Tabacchi’s father discovered the bodies when he came to the house after receiving a text message from his son. (It’s unclear what the text said.)

                The couple were pronounced dead at Englewood Hospital.

                ...

                Read more at:

                http://www.businessinsider.com.au/mi...hi-dead-2015-2

                Comment


                • #9
                  Reflections on Stress and Long Hours on Wall Street

                  The New York Times

                  Andrew Ross Sorkin
                  6/1/2015

                  Excerpt:

                  Earlier this year, a 22-year-old first-year analyst at the Goldman Sachs office in San Francisco was feeling overwhelmed by the all-nighters and 100-hour workweeks.

                  The analyst, Sarvshreshth Gupta, a graduate of the University of Pennsylvania who was born in New Delhi, told his father, Sunil, “This job is not for me. Too much work and too little time.”

                  In March, against his father’s wishes, Mr. Gupta quit. However, a week later, “By a quirk of fate, he was asked by his company to reconsider his resignation and under pressure from me, he rejoined,” his father wrote in an essay. Others at Goldman said he asked for his job back.

                  When Mr. Gupta returned, he was originally put on a reduced schedule, and the firm had him meet with its employee assistance counselors about dealing with work-life balance issues and the stress of the job.

                  Soon, however, Mr. Gupta, who worked in Goldman’s telecommunications, media and technology group, was working flat-out again as the firm’s deal business became busier and busier.

                  About 2:40 a.m. on April 16, Mr. Gupta called his father in India.

                  “He calls us and says, ‘It is too much. I have not slept for two days, have a client meeting tomorrow morning, have to complete a presentation, my V.P. is annoyed and I am working alone in my office,’ ” his father wrote. “I got furious. ‘Take 15 days leave and come home,’ I said. He quipped, ‘They will not allow.’ I said, ‘Tell them to consider this as your resignation letter.’ ”

                  Mr. Gupta told his father that he would work for another hour, then head to his home a half-mile from the office, and return in the morning.

                  Later that morning, at 6:40, Mr. Gupta was found in the parking lot next to his apartment building on the corner of Sacramento Street and Brooklyn Place and was declared dead, according to police officials. He apparently fell from the building. The San Francisco medical examiner’s office is conducting an investigation and has yet to officially declare a cause of death.

                  Mr. Gupta’s death, one of numerous unexpected deaths or suicides of young bankers over the last year, has caused a new round of reflection and re-evaluation by Goldman and other Wall Street firms about their work policies just two weeks before a new class of college interns descend on the industry for the summer.

                  Just last week, Thomas J. Hughes, a 29-year-old banker at Moelis & Company, was found dead with drugs in his system after falling from a building in Manhattan.

                  “The only explanation is that I know he’s been working very hard and has been under a lot of pressure,” Mr. Hughes’s father told The Daily Mail. “His work did not leave much time for enjoyment, but that’s the nature of the assignment that he chose.” An investigation is pending to determine the official cause of death.

                  For more than a month, Mr. Gupta’s death has largely remained held in confidence among a small group of his colleagues and family. After Mr. Gupta’s death, David Solomon, Goldman’s co-head of investment banking, and John S. Weinberg, a vice chairman, flew to San Francisco to speak with a small group of the bank’s employees and discuss the firm’s approach to work-life balance. The firm held a small memorial service for Mr. Gupta, who was universally liked by his colleagues and whom several said was so good at his job that he had become one of the “go-to” analysts. Indeed, his proficiency and work ethic appear to have led to him to take on a large workload.

                  ....................................
                  View the complete article at:

                  http://www.nytimes.com/2015/06/02/bu...ll-street.html
                  B. Steadman

                  Comment

                  Working...
                  X