WireTap 0900 21/12/11

Bank of Japan cuts economy view, holds rate steady

The Bank of Japan said Wednesday that the nation’s economic recovery has stalled due to sluggish conditions abroad and a rising yen, while keeping its policy rate unchanged.

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Moody’s takes shot at UK’s triple A rating
 
In addition to domestic risks, Britain not immune from euro crisis

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Asia’s risk professionals warn of unintended consequences of Basel III

Basel III rules may cause banks to reduce lending, worsening the economic slowdown, warn risk professionals in Asia-Pacific

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China hackers hit U.S. Chamber

Attacks Breached Computer System of Business-Lobbying Group; Emails Stole

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What was the most worrying development in 2011?

Financial News asked the great and the good of financial services to look back on the past year and tell us what they thought was the most worrying development of 2011 

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