Financial Crisis

During the height of the financial crisis, as Barclays was desperately battling to avoid taking a U.K. bailout, the bank got an unusual approach from the Russian government.

Former Federal Reserve Chair Janet Yellen says she fears there could be another financial crisis because banking regulators have seen reductions in their authority to address panics and because of the current push to deregulate.

Britain crashing out of the European Union without a deal could trigger a deep and damaging recession with worse consequences for the UK economy than the 2008 financial crisis, the Bank of England has warned.

The world economy is at risk of another financial meltdown, following the failure of governments and regulators to push through all the reforms needed to protect the system from reckless behaviour, the International Monetary Fund has warned.

Some economists have expressed alarm over the Trump administration's efforts to roll back Obama-era regulations put in place in the wake of the 2008 crash, namely the Dodd-Frank Act.

Wall Street's profit-generating machine created a jumble of products (MBS, ABS, CDO...) designed to profit off of the relatively mundane business of mortgage lending. These products, which fueled the financial crisis, haven't disappeared and in some cases they are staging a comeback.

It's difficult to stay on top.

'I would like to share a few thoughts with you on that extraordinary period of time'.

Here's a note 11 firms who we estimate cut the most investment banking, asset management and private banking jobs as a result the financial crisis - in the two years or so post August 2007.

Warren said she worries about the financial security of working and middle class Americans, who she says have not enjoyed the spoils of a stronger economy.