IFR on Anshu Jain joining Cantor Fitzgerald: The Bono of investment banking

“The greatest manager of any sales and trading organisation in the world … like Bono joining your rock band.”

That was how Cantor Fitzgerald chairman and CEO Howard Lutnick gushingly described his close friend Anshu Jain joining his racy broker-cum-investment bank as president. I’m sure Jain never imagined that sort of comparison but I’m equally sure he loved it.

It’s an intriguing appointment by any stretch and one that no-one could ever easily have predicted. On a personal level, as much as Jain and Lutnick might be friends, putting two testosterone-fuelled larger-than-life control-oriented alpha males together in one room, even if nominally as partners, is likely to be a fascinating spectacle.

The full article is available here.

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