Within a fortnight of being named sole head of corporate and investment banking at Deutsche Bank in July, Anshu Jain had already picked up two awards, including being named the single most important individual in European financial markets by Financial News.

It is fair to say expectations for the Indian-born former head of global markets were high as he inherited the reins of an investment banking franchise that is expected to contribute more than three-quarter's of the bank's targeted €10bn income before interest and tax next year.