A raft of senior bankers from Credit Suisse and Deutsche Bank, including Anshu Jain, the head of Deutsche’s global markets business, have been brought in to advise the UK Government on stabilising the market in the wake of yesterday’s bailout of the banking industry.

Jain is leading a team from Deutsche Bank - including Ivor Dunbar, global head of capital markets - that will advise the Treasury on its bailout package for the UK financial sector.