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You can find the current article at its original source at http://www.theguardian.com/business/2016/feb/26/carsten-kengeter-an-astute-climber-of-peaks-of-corporate-finance
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| Version 1 | Version 2 |
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| Carsten Kengeter: an astute climber of peaks of corporate finance | Carsten Kengeter: an astute climber of peaks of corporate finance |
| (6 months later) | |
| Carsten Kengeter is used to extremes in both personal and professional life. On his time off, he runs marathons, takes part in ski races and practises an ancient martial art. | Carsten Kengeter is used to extremes in both personal and professional life. On his time off, he runs marathons, takes part in ski races and practises an ancient martial art. |
| In a career which has spanned Goldman Sachs, UBS and currently Deutsche Börse – which he heads – he has navigated the peaks of corporate finance but also been witness to some of the most controversial scandals that have dogged banking in the past decade. | In a career which has spanned Goldman Sachs, UBS and currently Deutsche Börse – which he heads – he has navigated the peaks of corporate finance but also been witness to some of the most controversial scandals that have dogged banking in the past decade. |
| Now the chief executive in waiting of the proposed merger between the London Stock Exchange (LSE) and Deutsche Börse, the 48-year-old German’s new position will add to a lengthy CV. | Now the chief executive in waiting of the proposed merger between the London Stock Exchange (LSE) and Deutsche Börse, the 48-year-old German’s new position will add to a lengthy CV. |
| Educated at Middlesex University and the London School of Economics, Kengeter joined Goldman Sachs in 1997 and progressed to partner by his mid-30s. | Educated at Middlesex University and the London School of Economics, Kengeter joined Goldman Sachs in 1997 and progressed to partner by his mid-30s. |
| When he moved to UBS in 2008, he again rose through the ranks and was identified by the group’s then chief executive Oswald Grübel as a possible successor. | When he moved to UBS in 2008, he again rose through the ranks and was identified by the group’s then chief executive Oswald Grübel as a possible successor. |
| After that series of progressions, however, he became tarnished by the UBS rogue trader scandal. Kengeter was in charge of UBS’s investment banking operations when Kweku Adoboil racked up eventual losses of more than £1.5bn. | After that series of progressions, however, he became tarnished by the UBS rogue trader scandal. Kengeter was in charge of UBS’s investment banking operations when Kweku Adoboil racked up eventual losses of more than £1.5bn. |
| Last year the trial of Tom Hayes, the former UBS trader sentenced to 14 years for fraud for his part in manipulating the Libor rate, heard Kengeter had been at a meeting where plans to manipulate the market were discussed. | Last year the trial of Tom Hayes, the former UBS trader sentenced to 14 years for fraud for his part in manipulating the Libor rate, heard Kengeter had been at a meeting where plans to manipulate the market were discussed. |
| Hayes told prosecutors that Kengeter was present along with other senior UBS executives at a meeting in Tokyo where Hayes discussed how he was going to influence submitters setting the rate. | Hayes told prosecutors that Kengeter was present along with other senior UBS executives at a meeting in Tokyo where Hayes discussed how he was going to influence submitters setting the rate. |
| Kengeter left UBS in 2013 and was appointed chief executive of Deutsche Börse in 2014, a position he took up last June and to which he commutes from the west London home he shares with his wife and three children. | Kengeter left UBS in 2013 and was appointed chief executive of Deutsche Börse in 2014, a position he took up last June and to which he commutes from the west London home he shares with his wife and three children. |
| While at UBS, he said he liked to be at his desk by 7am but tried to fit in sports activitiesat weekends. In his case, this means running marathons and taking part in skiing competitions across mountains. | While at UBS, he said he liked to be at his desk by 7am but tried to fit in sports activitiesat weekends. In his case, this means running marathons and taking part in skiing competitions across mountains. |
| He has been reported to have registered for the Patrouille des Glaciers, a race organised by the Swiss army from Verbier to Zermatt. | He has been reported to have registered for the Patrouille des Glaciers, a race organised by the Swiss army from Verbier to Zermatt. |
| These extreme sports are apparently balanced out by his passion for yoga and neigong, a Chinese breathing and meditation discipline he became familiar with while working in Hong Kong. | These extreme sports are apparently balanced out by his passion for yoga and neigong, a Chinese breathing and meditation discipline he became familiar with while working in Hong Kong. |