The Latest Breaking News from Lehman

Financial giants have always found clever ways to stay afloat, even when their products land them in hot water. When legal trouble strikes, many companies opt for a fresh start, scrubbing old names and reputations to win back wary investors and consumers.

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

The global financial crisis of 2008 ushered in a new era of consumer protection, but the future of the housing market is uncertain.

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?