Bloomberg A prosecutor has identified more than $60 million that he believes was laundered through Credit Suisse Group AG, in the precursor to what would be an historic Swiss criminal indictment against the bank. Geneva’s top financial-crime prosecutor, Yves Bertossa, identified a series of eight transactions the bank let slide between 2008 and 2014 at a hearing last week, …

  Bloomberg Hungary unexpectedly raised the country’s key interest rate after the forint fell to a record this week. The one-week deposit rate was increased by 50 basis points to 7.25% on Thursday, the second rate increase in three weeks. All economists in a Bloomberg survey expected no change, in line with central bank messaging to try to keep rate …

  Bloomberg Development Bank Ghana, which officially starts operations with about $800 million in capital, plans to grow fivefold over the next five years to help end a shortage of funding to small and medium sized enterprises. It will lend money to financial institutions, which should in turn give loans to business owners at an affordable interest rate, Kwamina Duker, …