The Latest Breaking News from Lehman

"Arrogance always kills," Jeffries CEO Richard Handler says of Lehman Brothers' 2008 bankruptcy

While it should be a worst-case scenario, it never hurts to plan ahead

The current market rally is reminiscent of the immediate relief following JP Morgan's purchase of Bear Stearns in March 2008, six months before Lehman collapsed.

First Republic Bank became the second-biggest bank failure in U.S. history after the lender was seized by the Federal Deposit Insurance Corp. and sold to JPMorgan Chase on May 1, 2023. First Republic is the latest victim of the panic that has roiled small and midsize banks since the failure…

Russian-born Nikolay Storonsky knows what it takes to dive in head-first and win a race. Having been a champion swimmer while at school, he set up Revolut, the cutting-edge financial app in 2014. The former trader at Credit Suisse and Lehman brothers knows a thing or two about managing risk…

Frank did not grow up as son of a Wall Street banker. He began as the consummate outsider.

Larry McDonald developed a framework for analyzing stock market risk after his experience during the subprime mortgage crisis, and he says all his indicators are flashing warning signs.

Do we have a banking crisis in the United States or don’t we?

Globally connected Credit Suisse has been taken over by rival UBS at the urging of Swiss authorities to avoid a collapse that could have sent shock waves through the global economy