Bloomberg Credit Suisse Group AG and its home country of Switzerland were surprised by a tax evasion and money laundering investigation that spans five countries from Australia to the UK and potentially involves thousands of account holders. Two people were arrested by Dutch authorities, who also seized a gold bar, paintings and jewelry and are still probing dozens more ...

  Bloomberg China’s central bank raised interest rates for standing lending facility loans (SLF), aimed mainly at small- and medium-sized financial institutions, it announced on Saturday. The People’s Bank of China (PBOC) increased the rate for overnight SLF loans by 0.2 percentage points to 3.3 percent effective from March 16, it said in a statement on its website. The bank ...

  Bloomberg After practically inventing the sport utility vehicle, Jeep is missing out on the segment’s latest boom. While SUV sales in the US jumped 11 percent over the past four months, Jeep saw its volume drop 10 percent. One of the problems: A lack of supply that’s kept dealers waiting for the all-new 2017 Compass compact crossover, which replaces ...