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 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

ByMartin Robinsonand Mark Duelland Kieran Corcoran

PUBLISHED:          16:46  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

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

In shock: A JP Morgan worker looks out of his window as  Mr Magee’s body was recovered today
The man was found on the 9th floor of the bank's European headquarters building

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People look out of the window of the J P Morgan building at Canary Wharf

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

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.’

Others tweeted that what they saw this  morning.

Amie Hughes-Gage said: ‘Just watched the  police finally remove that poor bankers body 4 and half hours later with only a  white sheet over him.’

Hetal Patel tweeted: ‘The 9th floor roof of  JP Morgan is visible from my office window. For a long time the body was left  cordoned & unattended’.

Another wrote online: ‘It’s not a nice view  from my building. The body is on the rooftop of level 9. So sad’.

Tweet from the scene

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Reaction: A tweet by a witness

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Reaction: A tweet by a witness

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An air ambulance was sent to the scene but  the man could not be saved.

‘We were called to Bank Street to reports of  a person fallen form a height’, London  Ambulance Service spokesman said:

‘We sent one ambulance crew, a duty officer,  our hazardous area response team and London Air Ambulance to the  scene.

‘Sadly a man in his 30s was pronounced dead  at the scene.’

JP Morgan’s building  has been the headquarters of the bank’s Europe, Middle East and Africa (EMEA)  operation since July 2012.

It used to be owned by Lehman Brothers  until  its collapse in 2008, and the area houses the headquarters of  other banking  giants including HSBC and Barclays.

The horrific tragedy came hot on the heels of  the shock death of of Broeksmit Sunday, who apparently had close ties to  co-chief executive Anshu Jain.

Jain and fellow co-chief executive Juergen  Fitschen said in an internal memo: ‘He was considered by many of his peers to be  among the finest minds in the fields of risk and capital management. ‘We are  deeply saddened by Bill’s death. He was a dear friend and colleague to many of  us who benefitted from his intellect and wisdom.

Location: The body of William 'Bill' Broeksmit, 58, was found at his home  in South Kensington, central London

Location: The body of William ‘Bill’ Broeksmit, 58, was  found at his home  in South Kensington, central London
Discovery: Police had been called to reports of a man found hanging at a house on this road, Evelyn Gardens

Discovery: Police had been called to reports of a man  found hanging at a house on this road, Evelyn Gardens

‘Our thoughts and condolences are with his  wife and family at this time. We will remember him for his  contributions to  Deutsche Bank, thoughtful advice and personal  friendship.’

Broeksmit  worked in investment banking –  specifically risk and securities – and  lived on exclusive Evelyn Gardens in  South Kensington, which has an  average property value of £1.9million.

He is also registered to a high-value  property a stone’s throw from New York’s Central Park.

Broeksmit’s name appears on U.S. government  records for the Broeksmit Family Foundation, which is based in the palatial 1185  Park Avenue building.

The three-bedroom, three-bathroom apartment  to which he is linked was worth $4,500,000 when it was last sold in June 2000.

He worked at Deutsche Bank from 1996 to 2001,  then from 2008 until he retired. Broeksmit was also employed by Merrill Lynch  for a period.

Broeksmit was one of around 100 bankers who  left Merrill Lynch for Deutsche when its investment banking arm was founded in  the 1990s.

Links: Mr Broeksmit is linked by U.S. documents to an apartment in this building, yards from Central Park

Links: Mr Broeksmit is linked by U.S. documents to an  apartment in this building, yards from Central Park

Offices: He worked at Deutsche Bank from 1996 to 2001, then from 2008 until he retired (file picture)

Offices: He worked at Deutsche Bank from 1996 to 2001,  then from 2008 until he retired (file picture)

He was involved in the process of rescuing  the bank in the wake of the 2008 financial crisis, when many investment banks  found their debts were ‘toxic’, and unlikely ever to be repaid.

Broeksmit, a renowned risk expert, assisted  the bank’s efforts to shift the worst of the debt, and reduce its total amount  of lending.

Chiefs at Deutsche Bank had planned to  promote  Broeksmit to its management board in 2012, but stopped when the  German financial regulator expressed doubts about his experience as a  leader.

Scotland Yard confirmed only that a  58-year-old man was found hanged.

A spokesman said: ‘Police were called at  12.35 p.m. on Sunday to a man found hanging at Evelyn Gardens, SW7.

‘Kensington and Chelsea police, ambulance and  air ambulance all attended. A 58-year-old man was declared dead at the scene.  The death is being treated as non-suspicious.’

Read more: http://www.dailymail.co.uk/news/article-2547684/TWO-senior-American-bankers-working-London-commit-suicide-just-two-days-one-jumped-500ft-death-JP-Morgan-skyscraper.html#ixzz2rkgxat9p

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Suicide Among Bankers Appears To Be On The Rise Again As Pressures To Get Banks And Businesses Back In The Black Takes Its Toll

By  – on September 04 2013 8:54 AM

http://www.ibtimes.com/suicide-among-bankers-appears-be-rise-again-pressures-get-banks-businesses-back-black-takes-its-toll

~~~

JPM Sees 28% Withdrawal From Gold Vault In One Day As Another 10 Tons Depart

http://www.zerohedge.com/news/2014-01-28/jpm-sees-28-withdrawal-gold-vault-one-day-another-10-tons-depart

.

Last weekend Drudge twitted: Have an exit plan…— MATT DRUDGE (@DRUDGE) January 24, 2014

Advice or Warning? I made a couple of minor plans some time back – the rest I turn over to God. I’m certainly not going to worry despite the fact that Enron (and a couple of others)  initial spiral came from their London offices.

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