Bloomberg Credit Suisse Group AG dropped off the initial public offering (IPO) of one of China’s top online health-care startups, dealing a fresh blow to its business taking companies in the region public after the Swiss bank was sued for its role on Luckin Coffee Inc.’s US share sale. The Swiss bank is no longer working on the WeDoctor deal, ...

Bloomberg Wells Fargo & Co. said it can’t fully meet demand from small businesses rushing to participate in a US relief program because of constraints imposed by the Federal Reserve on the bank’s growth. The company has capacity to lend $10 billion to small-business clients under the $349 billion US program, but customers already have expressed more interest than that, ...

Bloomberg African central banks have joined the global wave of emergency meetings and unusual measures to cushion their economies against the impact of the coronavirus pandemic. While many of the central banks in the region target inflation and have to prop up volatile currencies, they’ve also used non-traditional policy tools in addition to aggressively cutting interest rates to salvage economic ...