The bank will likely cut a low double-digit percentage of jobs at the rates business after CEO Sewing concluded that it’s possible to cut enough of the associated technology costs to outweigh the loss in revenue.
http://www.zerohedge.com/markets/deutsche-bank-planning-mass-layoffs-its-once-iconic-rates-unit

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.