The Latest News on NewsWire

Often updated major headlines and interesting news for the world of business, financial markets, and other global economic & financial news.

This year the financial industry experienced a groundbreaking moment when Credit Suisse Bank was successfully rescued. This unprecedented move demonstrated remarkable resilience and stability of global finance institutions in times of crisis. But is this a real resolution or the start of much worse?

Banks are becoming increasingly worried about the threat of cyber-crime. Last month, the Bank of England launched a new framework…

Nearly two years on since the ‘swap scandal’ hit the headlines, the repercussions are still being felt. When this story…

Asset prices worldwide have risen to potent levels reminiscent of the credit boom 5 years earlier. The Bank of International Settlements has warned that they may be losing touch with economic reality.

The Investment Management Association has confirmed that Daniel Godfrey, former director general of the Association of Investment Companies, as its…