Last year was never supposed to be one of growth and innovation. As the financial crisis intensified following the demise of Lehman Brothers in September 2008, analysts predicted the theme of the next 18 months would be damage limitation.
What the soothsayers did not allow for was the potential for well-capitalised firms to pounce on opportunities as they emerged while the rest of the market battened down the hatches to wait out the storm. JP Morgan was one such institution, and 2009 has seen it
The week on Risk.net, July 7-13, 2018Receive this by email