Illustration: Gluekit; Photo: Alamy
The Big Take
The Top Money Maker at Deutsche Bank Reaps Billions From Singapore
- Shah’s desk accounts for a third of investment-banking revenue
- Credit banker is so low-key he doesn’t bother with LinkedIn
To find the biggest money maker at the rarely-money-making Deutsche Bank AG, you need to travel 6,370 miles from Frankfurt to the 18th floor of a glass office tower overlooking the green waters of Marina Bay in Singapore.
There, Chetankumar Shah, a low-profile and publicity-shy banker in his early 50s, runs a team that oversees complex financing for clients ranging from Asian tycoons to an Indonesian conglomerate, while trading the distressed debt of companies including an Israeli shipping firm.