HSBC sounded out former Citigroup banker James Forese to gauge his interest in the chief executive officer’s post, at least the third high-profile outside financier to be approached. Forese, 57, declined to participate in that process for personal reasons, according to people familiar with the matter. …

Citigroup Inc. recently promoted Jane Fraser to the number 2 position at the company. This essentially puts her in the position to succeed CEO Michael Corbat. And if that were to happen, then it would make Fraser the first woman to head a major U.S. bank. Fraser is now the…

HSBC’s shortlist for its next chief executive includes Stephen Bird, Citigroup’s head of global consumer banking, and RSA Insurance Group 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. …