Posts By: Nick Shaxson

Five years post-Lehman, five big bank problems remain

Posted by & filed under Thoughts.

Updated with BIS comments

A summary of a good article by Gillian Tett in the Financial Times. After the 2008 collapse of Lehman brothers, popularly taken to be the big moment of the financial crisis, what has changed? Well, she’s selected six, of which I’ll highlight five since the sixth is rather US-focused:

  • The big banks are bigger