Bloomberg BNP Paribas SA reported the biggest fixed-income trading jump of all US and European banks in the first quarter, marking a rebound after recent losses and downgraded targets. Debt trading revenue unexpectedly rose 29 percent from the previous year, helped by growth in rates and foreign-exchange transactions, the French bank said. That helped BNP’s global markets unit — its …

Bloomberg Hong Kong borrowing costs are expected to remain stubbornly high over the rest of the quarter, supporting the local currency. That’s according to Carie Li, an economist at OCBC Wing Hang Bank Ltd., who says the city’s shrinking cash pool is making banks more reluctant to lend. The one-month interbank rate, known as Hibor, has climbed to 2.07 percent, …

Bloomberg Goldman Sachs has put off the German launch of its consumer bank — Marcus until next year because of the delay in Brexit proceedings as well as cost constraints, the Financial Times reported on Sunday, citing two people familiar with the situation. Had Brexit taken place on March 29 as it was planned earlier, Goldman Sachs would have “wanted …