They Are Dropping Like Flies...

British boss of Indian car giant Tata jumped to his death from 22nd floor of Bangkok hotel after a blazing five-hour row with his wife
Filed under: Financial, Politics, Legislation and Economy News, Suicide — Leave a comment
January 31, 2014

• British-born Karl Slym was in Thailand for a Tata Motors board meeting
  
• He died after falling from a high floor hotel window in a ‘possible suicide’
  
  
• Police believe it would be impossible to ‘accidentally fall’ from the window
  
• Officers said Mr Slym rowed with his wife Sally the night before he died
  
• They found a three page letter from Mrs Slym to her husband in his room
  
  
• Slym, 51, was hired to revive flagging sales at the Indian car giant
  
• Tata Motors stock fell by more than 6% on Monday following his death
  
• Company statement described him as a ‘valued colleague’ and ‘strong’ leader
  

By Nick Fagge and Ben Lazarus
PUBLISHED: 12:55 EST, 26 January 2014 | UPDATED: 20:45 EST, 27 January 2014
 
The British boss of Indian car giant Tata Motors jumped to his death from a Bangkok hotel room following a blazing row with his wife, it emerged yesterday.
Karl Slym was handed a three-page letter by his wife Sally detailing a ‘family problem’ on Saturday night after she became so enraged she stopped speaking to him.
In the early hours of Sunday the managing director clambered out of the tiny window of his room on the 22nd floor of the luxury Shangri-La Hotel and jumped, landing on the staff accommodation block.


Fall: British-born Karl Slym, managing director of India’s Tata Motors has died after reportedly ‘jumping’ from a hotel balcony
Mr Slym was handed a three-page document by his wife Sally detailing a ‘family issue’ on the night he died

Karl Slym and his wife Sally, who had travelled to Thailand with her husband, during an awards ceremony
Mrs Slym had accompanied her 51-year-old husband to Bangkok for a board meeting of Tata Motors’ Thailand unit, but the couple were overheard engaged in a loud and bitter fight on Saturday night.
After giving her husband the letter she went to sleep, and only learned of his death from police officers who knocked on her hotel room door on Sunday morning.
Mrs Slym was treated for shock and was later interviewed by Thai police. She told them: ‘We rowed and rowed about family business from about 7pm. Then I wrote a long letter and went to bed.’
A Thai police source added: ‘The wife said that they had rowed so much about a family problem that she could not talk to her husband any more. They had been fighting and it had become very loud.

Mr Slym’s body was discovered by staff on a ledge on the fourth floor of the riverside Shangri-La hotel

Mr Slym, with an employee at a plant in Halol, was heard arguing with his wife on Saturday night
Mr Slym and his wife were not talking the last time they saw one another, police said today
‘She went to the bedroom and decided to write her husband a letter to let him know how she felt. She gave it to her husband and then went to sleep.’ Officers declined to give details of the family problem.
Police Lieutenant Somyot Booyakaew said detectives found no sign of a struggle and were working on the assumption that Mr Slym committed suicide.
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Financier Christopher Shaw, 76, Takes Own Life, said to have had financial problems
Filed under: Financial, Politics, Legislation and Economy News, Suicide — Leave a comment
January 31, 2014
Cressida’s stepfather’s ‘suicide’: Financier known for his lavish parties was ‘huge influence’ in Harry’s girlfriend’s life

• Financier Christopher Shaw, 76, said to have had financial problems
  
• Friends told two years ago he had 18 months to live from kidney disease
  
• Shaw wed Cressida’s mother, Lady Mary Gaye Curzon in 1994
  
• They were together for six years, married for four, but divorced in 2000
  
• Sources say he was strong influence in the life of Prince Harry’s girlfriend
  
  

By Richard Kay
PUBLISHED: 20:03 EST, 20 January 2014 | UPDATED: 06:27 EST, 21 January 2014

Tragic: Christopher Shaw (right, here with 10-year-old Cressida and ex-wife Lady Mary Gaye Curzon) has been found dead at his home in Salisbury
The stepfather of Prince Harry’s girlfriend Cressida Bonas has died suddenly in what friends say was a suspected suicide.

Christopher Shaw, the one-time merchant banker, who wed Cressida’s mother, Lady Mary Gaye Curzon, during the Nineties at a time when he was one of London’s most lavish and generous party-throwers, is believed to have killed himself.
Shaw, 76, was suffering from ill-health and was said by friends to have been plagued by money worries.

Bon viveur Shaw fell madly in love with society beauty Mary Gaye who was previously married to Cressida’s father, businessman Jeffrey Bonas — he created a cocktail in her honour at Claridge’s called The Curzon.
Shaw was found dead by his housekeeper, Nicky, at his rented home in The Close by Salisbury Cathedral — virtually next door to Sir Edward Heath’s former home.
He is believed to have committed suicide by taking an overdose,friends said today.

Despite his financial problems Christopher, who celebrated his 76th birthday on New Year’s Day, had been in good spirits having just returned from a holiday in Cuba with the latest woman in his life.

He was on medication for chronic kidney disease and friends say he had been told two years ago he might have only 18 months to live.
Police were called to the house on Friday. A post mortem is to be carried out, but last night Wiltshire police said there were no suspicious circumstances.
The son of a country parson and a former head boy at Eton, father-of-three Shaw lived with Mary Gaye at the sprawling National Trust mansion Hinton Ampner in Hampshire, where he entertained in style with eight servants and five gardeners.
He also had a set in the Albany building. Guests at his parties included Sir Richard Branson and Rupert Murdoch. ‘He was unique,’ says his long-time friend PR supremo David Wynne-Morgan. 
‘He decided at Eton that he wanted to live like a 19th-century landed aristocrat and he did just that.’

Married: The couple were together from 1992 and married in 1994 until 2000, when Cressida was 11. He was notorious for his lavish parties in London while they couple were together

Boyfriend: Prince Harry was in London today for a press conference about his charity trek across Antarctica

Influence: Married to her mother when she was aged five to 11, Mr Shaw was a huge influence on the upbringing of Prince Harry’s girlfriend Cressida
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London Stunned By Spate Of Financial Worker Deaths
Filed under: Economic News, Financial, Politics, Legislation and Economy News, Suicide — Leave a comment
January 31, 2014
Business Insider
Michael Kelley

Seena Photos/Didier Delmas
A series of deaths among finance workers has shaken London and raised more concerns about stress levels of bankers, Ben Wright and David Enrich of The Wall Street Journal report.
On Tuesday morning, a 39-year-old JP Morgan employee died after falling from the roof of the European headquarters of JP Morgan in London.
The man, Gabriel Magee, was a vice president in the investment bank’s technology department, a source told WSJ.
On Sunday, London police found William Broeksmit, a 58-year-old former senior executive at Deutsche Bank AG, dead in his home after an apparent suicide.
Read More Here
…..
Two top American bankers commit suicide in London as one jumps 500ft to his death from JP Morgan skyscraper and another hangs himself in luxury home

• Gabriel Magee, a 39-year-old JP Morgan bank executive, died this morning after he threw himself off the top of the bank’s European headquarters
  
• On Sunday, former Deutsche Bank senior manager, William ‘Bill’ Broeksmit, 58, was found hanging in his home in South Kensington
  
• Both deaths have been ruled non-suspicious by the Metropolitan Police
  
• Magee had lived in London for seven years after transferring from the Unites States with JP Morgan
  
• Broeksmit had been in London many years but still owned an apartment in an exclusive Central Park building in New York
  
• Both were thought highly of by their bosses and colleagues, sources said
  

By Martin Robinson and Mark Duell and Kieran Corcoran
PUBLISHED: 16:46 EST, 28 January 2014 | UPDATED: 18:07 EST, 28 January 2014
Two top ranking American bankers working in senior positions in London have committed suicide in the space of two days.
Gabriel Magee, a 39-year-old JP Morgan bank executive, died early this morning after he jumped 500ft from the top of the bank’s European headquarters. His body was discovered on the ninth floor roof, which surrounds the 33-story Canary Wharf skyscraper.
Just two days earlier, on Sunday, fellow American banker, William ‘Bill’ Broeksmit, 58, was found hanging in his South Kensington home.
Broeksmit – who retired last February – was a former senior manager at Deutsche Bank and had lived in London many years. He started working for the bank in 1996 but left for a period of 7 years before returning in 2008.

Tragedy: IT executive Gabriel Magee has been found dead today after jumping from the top of JP Morgan’s headquarters in Canary Wharf, London, and landing on a surrounding roof
Magee was a vice president in the corporate and investment bank technology department having joined JP Morgan in 2004 and moved with the bank from the U.S. to Britain in 2007.
Magee was named in an email sent to all JP Morgan staff Tuesday afternoon.
A company spokesman said: ‘We are deeply saddened to have lost a member of the J.P. Morgan family at 25 Bank Street today. Our thoughts and sympathy are with his family and his friends’.

A source close to Magee said he was in ‘good standing with his bosses and colleagues. He was well liked.’
Scotland Yard said they were called to 25 Bank Street at 8.02 a.m. and detectives are not treating the death as suspicious.
‘No arrests have been made and the incident is being treated as non-suspicious at this early stage’, a spokesman for the Metropolitan Police said.
Canary Wharf workers were in shock today, with one trader telling MailOnline that his body lay on the flat roof until around midday.
‘My colleague yelled that he could see that someone had jumped from the top of the building onto a lower roof. His body lay there uncovered for at least two hours,’ he said.


In shock: A JP Morgan worker looks out of his window as Mr Magee’s body was recovered today


Roof death:  Workers at Canary Wharf said hundreds were looking at the man’s body from their windows

Investigation: Police at the scene outside the JP Morgan building this morning, where the man was found dead at around 8am
‘Hundreds were looking out of their windows at him.

‘It was bonus week at JP Morgan last week so I hope it wasn’t to do with that’.
Another Canary Wharf worker who could see where the man fell told the Evening Standard: ‘It’s upsetting what’s happened but the thought of somebody lying up there for four hours is awful.

‘I got into the office at about 8.10 and the body was on the floor and there were police up there, and they put a white cover on him.

‘I think he was in a suit. As far as I could see the was dressed appropriately, but there was quite a lot of blood, so me and my colleagues were a bit upset.
Read More Here
…..

• Businessweek.com
  

William Broeksmit, Ex-Deutsche Bank Risk Manager, Dies at 58
By Laurence Arnold and Nicholas Comfort Jan 28, 2014 12:06 PM CT
Photographer: Krisztian Bocsi/Bloomberg
William Broeksmit had two stints at Frankfurt-based Deutsche Bank, Europe’s biggest… Read More

William Broeksmit, a recently retired executive at Deutsche Bank AG (DBK) who worked at Merrill Lynch in the 1990s with Anshu Jain, now Deutsche Bank’s co-chief executive officer, has died. He was 58.
He died on Jan. 26 at his home in London, according to a memo to employees obtained by Bloomberg News. Deutsche Bank spokesman Michael Golden confirmed the contents, which didn’t give a cause. In an interview, a spokesman for the London police said a 58-year-old man was found hanging in a residence on Evelyn Gardens, the street where Broeksmit lived, and that authorities aren’t treating the death as suspicious.
“He was considered by many of his peers to be among the finest minds in the fields of risk and capital management,” Jain and co-CEO Juergen Fitschen wrote in the memo. They said Broeksmit was “instrumental as a founder of our investment bank” and called him “a dear friend and colleague to many of us who benefited from his intellect and wisdom.”
Broeksmit had two stints at Frankfurt-based Deutsche Bank, Europe’s biggest investment bank by revenue, first from 1996 to 2001, then from 2008 until his retirement last February. He worked as an independent consultant in the interim. When he rejoined the bank in 2008 it was in a newly created position, head of portfolio risk optimization.
Risk Overseer
In 2012, as they prepared to take over as CEOs, Jain and Fitschen advanced Broeksmit’s name to become the new chief risk officer. The bank retreated on his nomination after German financial regulator BaFin raised concerns that Broeksmit’s lack of experience managing a large number of employees.
Stuart Lewis was named head of risk management instead.
Broeksmit “was a pioneer in interest rate swaps” while at Continental Bank in Chicago “and brought his expertise to Merrill Lynch,” Janet Tavakoli, who managed asset swaps under Broeksmit at Merrill in the late 1980s, said today in an interview. “He was brilliant.” Tavakoli is president of Tavakoli Structured Finance Inc. in Chicago.
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