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This American has the toughest job in finance: saving Deutsche Bank

Matt Zames of Cerberus Capital has a colossal mess to help clean up at the German giant

Matt Zames, president of Cerberus Capital Management, pictured in 2017 when he was chief operating officer at JPMorgan
Matt Zames, president of Cerberus Capital Management, pictured in 2017 when he was chief operating officer at JPMorgan Photo: Getty Images

Matt Zames made a name as a Wall Street fix-it man. He helped steer JPMorgan through the “London Whale” trading debacle and was considered a possible successor to its chief, James Dimon.

He now has another colossal mess to help clean up — if he doesn’t run out of time.

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