Bloomberg Bank of America Corp. hired Deutsche Bank AG’s Sunil Khaitan to head its global capital markets business in India, according to a person with knowledge of the matter. Khaitan was a Hong Kong-based director on Deutsche Bank’s Asia equity syndicate team, the person said, asking not to be identified because the information is private. He is slated to start ...

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 ...

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 ...