Deutsche Bank
Bill Broeksmit, who worked for Deutsche Bank until February 2013, was found hanging at his London home Reuters

William Broeksmit, a former Deutsche Bank executive found dead at his west London home, is believed to have committed suicide.

Police were called to Broeksmit's home in Evelyn Gardens, SW7. They found a 58-year-old man hanging. He was pronounced dead at the scene by the ambulance service. The Metropolitan Police did not name Broeksmit and were treating the death as non-suspicious.

Deustche told staff in an internal email that Broeksmit had passed away, but gave no further details. He had retired from the bank in February 2013.

"He was considered by many of his peers to be among the finest minds in the fields of risk and capital management," said the email announcing Broeksmit's passing, reported Reuters.

Broeksmit had been appointed as head of risk optimisation at Deutsche in 2008. Between 2001 and then he had been an independent consultant on risk management.

He first joined Deutsche in 1996 and set up their European over-the-counter derivatives business. From 1984 to 1996 he worked at Merrill Lynch in US fixed income derivatives.

Broeksmit was close to Deutsche co-Chief Executive Anshu Jain. He had worked with Jain in his previous job at Merrill Lynch until he left in the mid-1990s, before the two met again at Deutsche.