Deutsche bank is considering deep cuts to its fixed income business just months after co-chief executive Anshu Jain said he was committed to the asset class, as bosses pore over possible ways to get the bank back on track and meet its pledges to investors. The return on equity at its investment bank was just 6% in the fourth quarter - half what the bank has promised it will deliver by next year - with the fixed income business, and especially rates, acting as a drag on other parts of the investment bank.
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