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Good morning.

From the Newsroom of the Financial Times.

Today is Thursday, February 14th, and this is your FT news briefing.

Today, top shareholders in Deutsche Bank demand deeper cuts to its U. bank arm. Delta and Easyjet join forces with

Italy's state-backed railway company to bid for Alitalia. An Airbus is set to announce the

end of an era for the world's largest passenger jet.

Then, the FT's Victor Mallet explains the flare intentions between the French and Japanese nationalists in the Renault and Nissan car alliance after

Carlos Gones arrest. I'm Eric Krupky and here's the news you need to start your

day. Several of Deutsche Bank's biggest shareholders are running out of patience with the lender's poor performance and tumbling share price.

Now, four of the 10 biggest shareholders in the German bank have told the F.T. they want Chief Executive

Christian Ziving to make deeper cuts to the bank's loss-making U.S. Investment Bank unit.

Deutsche's share price has fallen by a third in the 10 months since Mr. Zeeving took over.

Analysts are expecting another slide in the revenue of the investment banking arm this year.

This will follow three years of revenue falls that have reduced its contribution by a third.

Mr. Zeeving made some cuts to the Investment Bank in April, but he appears to be resisting further cuts.

The chief executive recently said he wanted to be resisting further cuts.

The chief executive recently said he wanted to keep the investment bank on quote a broad footing.

Big investors told the F.T. they see the need for tougher action.

In the fourth quarter, the investment bank's return on

tangible shareholder equity was negative 2.2%. That's a far cry from its medium term

...