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Good morning from the newsroom of the Financial Times.

Today is Monday, June 17th, and this is your FT news briefing.

Deutsche Bank is preparing a deep overhaul of its trading operations as it shifts away from investment banking.

The U.S. Chamber of Commerce is calling on President Trump to end the trade war with China.

And protesters flood Hong Kong to demand the resignation of the government's

executive leader. Plus, the FT's Robin Wigglesworth explains how artificial intelligence is creeping into bond investing

and what traders have to say about it.

I'm Mark Filipino and here's the news you need to start your day.

The FT reports that Deutsche Bank is creating a so-called bad bank that will hold tens of billions of euros as part of an overhaul of its trading operations.

This comes as Deutsch's chief executive Christian saving tries to shift Germany's biggest lender away from investment banking.

The Investment Banking Unit has weighed on earnings in recent years, and along with a series

of fines for misconduct, the poor performance of Deutsch's core business has driven the

share price to the lowest it's been in its 149 year history.

The Bad Bank, or non-core asset Unit, as it's been called internally, would house or sell

assets valued by Deutsche in its accounts at up to 50 billion euros after adjusting for risk. Sources say it will be made up of mostly long-dated derivatives.

Sources also told the FT that as part of the revamp,

Deutsch's equity and rates trading businesses outside of continental Europe would severely shrink or close entirely.

But the final decision is still pending.

Managers are also set to unveil a new focus on transaction banking and private wealth management.

Mr. Saving is expected to announce the changes with Deutsch's half-year results in late July. The U.S. Chamber of Commerce is urging the

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