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RSA’s Hester, Citi’s Bird on HSBC’s CEO shortlist

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Bloomberg HSBC Holdings Plc’s shortlist for its next chief executive officer includes Stephen Bird, Citigroup Inc’s head of global consumer banking, and RSA Insurance Group Plc CEO Stephen Hester, Britain’s Sunday Times newspaper reported. HSBC hired Egon Zehnder to help with the search process, the newspaper said, without saying where it got the information. The report said a key consideration ...

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Credit Suisse board backs CEO ahead of scandal decision

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Bloomberg Credit Suisse Group AG’s board is backing CEO TidjaneThiam ahead of a crucial meeting that will determine who takes the blame for a botched spying scandal, according to people familiar with the matter. Recent expressions of support by shareholders for senior executives is swaying the board, which has few obvious successors for Thiam should he be ousted, the people ...

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Hong Kong flight attendants urge Cathay to explain layoffs

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Bloomberg Flight attendants in Hong Kong urged Cathay Pacific Airways Ltd to explain the reasons behind dozens of dismissals, accusing the airline of “political cleansing” amid the unrest that’s ensnared the city’s flagship carrier. In a joint statement, flight-attendant unions from Cathay Pacific and its unit Cathay Dragon accused the airline of monitoring employees’ social-media accounts and obtaining “dubious” information ...

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