The London-based co-heads of investment banking at Deutsche Bank, together with its heads of asset management and private wealth management, will forgo their bonuses this year as banks worldwide continue to come to terms with the financial crisis.

Anshu Jain, head of global markets, Michael Cohrs, head of global banking, Kevin Parker, global head of Deutsche Asset Management and Pierre de Weck, global head of Private Wealth Management are among 10 members of the bank's executive committee who will go without their 2008 bonuses.