Former Treasury Secretary, Hank Paulson joined Bloomberg Television’s Tom Keene this week on 'Street Smart'.
In the five years since 7.56am on Monday 15 September 2008, when a judge put the UK arm of Lehman Brothers into administration, Tony Lomas has been unravelling the $1.1bn (£700m) of assets and liabilities inside the collapsed bank.
Will top bankers' behavior ever land them in jail ? Or are bad business decisions even a crime at all?
As the five-year anniversary of the Lehman Brothers collapse approaches, experts warn risks of another crisis still linger if regulators fail to get tough on larger banks.
On the 5th anniversary of the fall of Lehman Brothers, it might be worth sparing a thought for some of the other victims of this catastrophe - the thousands of employees who lost their jobs.
'Hi, I’m Dick Fuld, the most hated man in America'.
Former London-based staff of Lehman Brothers have been handed salaries and bonuses by the defunct investment bank’s administrators close to those paid before its bankruptcy five years ago.
Credit Suisse is shuffling its asset management team, giving a bigger role to recently-hired investment chief Michael Strobaek after Gerhard Fusenig, head of multi asset-class solutions and core investment, quit for personal reasons.
Harvey Miller, the lawyer guiding Lehman Brothers Holdings through the biggest-ever U.S. bankruptcy, sipped a cappuccino at a tourist-filled cafe near Manhattan’s Central Park and reflected on how his client’s collapse five years ago went from unthinkable to inevitable.
Regulators have been laboring to shore up the money market industry, but some wonder whether cash would be safe if another banking collapse occurred.
BNP Paribas is being sued by the trustee of a $650m Islamic finance transaction who said the deal was rendered worthless because the bank didn’t get a proper signature from the Saudi businessman behind the deal: Saad Group Chairman Maan al-Sanea.
Commerzbank said Monday that third-quarter net profit fell 8% because of a sluggish performance at its investment bank and activities with small- to midsize corporate clients.
In a trial starting on Monday, Morgan Stanley will confront a Russian billionaire's claims that it illegally short-sold a company based on inside information at the height of the financial crisis.