Bloomberg Geneva prosecutors are investigating whether a Credit Suisse Group AG unit failed to stop money laundering in a widening fraud case tied to a defunct asset manager, according to people familiar with the probe. Prosecutors added the bank to the criminal investigation late last week after two former employees were named as suspects over the summer, said the people, …

Bloomberg Federal Reserve Bank of San Francisco President Mary Daly said US policy makers ought to be gradually lifting interest rates to bring an economy that’s running above potential in for a soft landing. “It wouldn’t be surprising to me that we would need to go up again in December and at least a couple of times next year,” Daly …

Bloomberg The Bank of Japan’s (BOJ) massive asset purchase program has taken it into uncharted territory, with its ballooning holdings now larger than the country’s annual economic output. Its hoard reached a staggering 553.6 trillion yen ($4.9 trillion), figures show, compared with nominal gross domestic product of 552.8 trillion yen at the end of June. Data due on Wednesday is …