Bloomberg A BNP Paribas SA division created to make speculative bets for the bank’s own account lost tens of millions of dollars last year as trading revenue slumped amid volatile markets, leading executives to shutter the business. Opera Trading Capital, which ceased trading in January, posted a loss of $30 million for 2018, filings show. Net banking income before operating ...

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 ...

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 ...