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Mortgage banks in firing line as Basel readies capital rules

Bloomberg Big European mortgage lenders in low-risk markets may be the hardest hit by new capital rules that global regulators are expected to complete this week after a year-long deadlock. Banks such as ABN Amro Group NV and Svenska Handelsbanken AB will be watching closely on Thursday when the leaders of the Basel Committee on Banking Supervision reveal the results ...

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American’s pilots expose CEO’s $1bn labour bet

Bloomberg American Airlines CEO Doug Parker is investing more than $1 billion to mend tattered labour relations at the world’s largest carrier. A recent spat with pilots is prompting some analysts to question whether he’s getting his money’s worth. The aviators’ union warned that more than 15,000 flights were at risk of being scrubbed during the busy holiday season after ...

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Boom jet plan gets $10mn funding from Japan Air

Bloomberg Boom Technology Inc., seeking to build a supersonic jet for passenger travel, got a $10 million investment from Japan Airlines Co. as the Denver-based startup aims to revive ultra-fast travel that ended a decade back with the Concorde. Japan Air also agreed to take an option to purchase up to 20 aircraft, the two companies said in a statement. ...

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