Deutsche Bank AG is trying to drum up interest with some of itslargest competitors to create a multi-dealer U.S. bond tradingplatform at the same time that asset managers discuss ways to makebuying and selling debt easier, according to people familiar withthe matter.

Europe's biggest investment bank by revenue has pitched its planfor an electronic trading network to JPMorgan Chase & Co.,Citigroup Inc. and Barclays Plc, according to five people briefedon the talks, who asked to not be named because the discussions areprivate. Executives at State Street Corp. and FMR LLC's FidelityInvestments are among institutional investors that have held aseries of meetings, the last one in July in New York, to addressthe difficulty of finding the bonds they want to trade, accordingto two different people.

The bank discussions on forming a platform and asset managers'search for solutions comes amid a 76 percent decline in corporatedebt inventory at the world's biggest dealers since a 2007 peak.The pullback by market makers, which is spurring concern that therisk of trading disruptions has risen, comes amid stricter capitalrequirements from the Basel Committee on Banking Supervision andspeculation that the U.S. Dodd-Frank Act will weaken their abilityto facilitate bond trades.

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