Bloomberg Foreign banks including HSBC Holdings Plc and Deutsche Bank AG are pushing back against the Federal Reserve’s proposals on implementing rules designed to end too-big-to-fail, saying they are burdensome and unfair to the US units of the world’s biggest lenders. Under the Fed’s proposals, US units of foreign banks affected would need an extra layer of debt available to ...

BLOOMBERG Royal Bank of Canada (RBC), the country’s largest lender by assets, awarded David McKay C$10.9 million ($8.2 million) for fiscal 2015, his first full year as chief executive officer, 44 percent more than the previous year. McKay, 52, received a salary of C$1.3 million, share-based awards of C$5.8 million, C$1.45 million of stock options, C$2.33 million in incentive pay ...

DOHA / EMIRATES BUSINESS Qatar’s Qatar Airways has invited companies to express interest in the contract to build a new car park at Hamad International airport on the outskirts of Doha. The structure will have a ground floor level, two above ground floors as well as rooftop parking. Altogether the gross floor area will be about 156,000 square metres, which ...