Photographer: Xaume Olleros/Bloomberg

Deutsche Bank, HSBC Fight Fed's `Unfair' Too-Big-to-Fail Plans

  • U.S. proposals discriminate against foreign banks, lenders say
  • Fed demands losses in resolution to be forced on parent banks

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 U.S. units of the world’s biggest lenders.

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