Lehman Brothers
Unbroken China
The global financial crisis had an indirect but significant impact on Chinese banks, which have had to manage the risks linked to the country’s large credit expansion in 2009. Financial institutions have also learnt useful lessons from the collapse of…
Consequences of the cleanup
The UK Financial Services Authority must bolster laws designed to protect investors while ensuring that it takes these actions in sympathy with regulations being introduced at a European level. Richard Jory reports on the actions of the regulator and the…
India finds some forward momentum
The global financial crisis could easily have sounded the death knell for India’s nascent structured products market. But as the country’s equity markets have resumed their upward trend, dealers say equity-linked structures are catching on fast.
Statement of intent
Aviva Investors has made a decisive leap into the global structured products market, hiring an industry veteran to lead its multi-asset-class rollout. Sophia Morrell talks to Stephane Rougier, the ex-Lehman Brothers banker who is leading the push.
Winding down Lehman
In an exclusive interview with Risk, the administrators of Lehman Brothers International (Europe) discuss their role in handling the largest bankruptcy in corporate history, revealing how the process has raised questions about prime brokerage agreements,…
Regulators and accumulators
Asian economies have suffered less from the global financial downturn than they did during the regional crisis of 1997. Risk levels are now lower, while the money that has been accumulated after more than 10 years of extraordinary wealth creation is back