"Mr. [Calogero] Gambino had been closely involved in negotiating legal issues for Deutsche Bank, including the prolonged probe into manipulation of the London interbank offered rate, or Libor, and ongoing investigations into manipulating of currencies markets ..." - David Enrich, Jenney Strasburg and Pervaiz Shallwani, "Deutsche Bank Lawyer Found Dead in New York in Suicide," in The Wall Street Journal. October 24, 2014. Here is the article (sub. req.)
Calogero Gambino, who hung himself in New York City on October 20, was 41 years old. At the time he was an associate general counsel and managing director at Deutsche Bank. Earlier this year, in London, a former Deutsche executive William Broeksmit, 58, hung himself.
Part of the fascination with these suicides of business leaders is the question: Why do some off themselves and some do not?
For example, we wonder why the gigantic fall of former pillar of the establishment Rajat Gupta didn't end in suicde. Currently he is serving a two-year sentence in a federal prison in Massachusetts. Unlike other insider traders, he was just a millionaire, not a billionaire. And lots of those millions went for his legal bills.
Disgraced Enron executive Jeff Skilling said he had considered suicide but backed off. His son did kill himself. Supposedly Bernie Madoff, along with his wife, attempted suicide but the pills didn't do the trick. Their son Mark did hang himself.
Eventually, we will know more facts about what problems the two Deutsche Bank executives had become ensnared in. But that won't address the issue of Why. The situation and the decision to commit suicide usually don't seem at all related. Other factors, ranging from mental illness to personal and/or professional values, seem to dominate.