Bloomberg As an activist investor targets Barclays Plc for taking on too much risk, the London-based lender has disclosed how its internal models failed to predict a series of trading losses at its investment bank. Barclays issued a so-called amber alert last year after the issues with its trading arm’s value-at-risk modeling, according to a recent filing. Tests of its …

Bloomberg BNP Paribas, France’s biggest lender, plans to expand China operations to include brokerage, futures trading and wealth-management ventures, as the bank anticipates further foreign investment flows into world’s second-biggest economy. CG Lai, CEO of BNP Paribas China, said his firm was one of many international players establishing and expanding their presence in the country. The moves come as index …

Bloomberg The second fatal crash of a Boeing Co. 737 Max aircraft in less than five months is creating a new hierarchy in aviation safety. Thrusting to the top: China. Three days after an Ethiopian Airlines jet crashed, killing all 157 people on board, country after country ignored assessments by the US Federal Aviation Administration that the plane is safe …