Subprime mortgages were poorly explained and complex in nature ... Contagion Effect Leading to Global Financial Crisis The financial markets’ collapse in the U.S. had a contagion effect that ...

The IMF’s Chief Economist explained in a November 2008 lecture how a crisis that began in mortgage-backed securities turned into the worst recession since the 1930s. For a time after the start of the ...

Amid the financial crisis, savers moved too - in their droves - worried about falling numbers of a different kind. The collapse of Lehman Brothers, and the subsequent bailouts of Royal Bank of ...

Much of this growth has taken place against the background of ultra-low interest rates since the 2007-08 financial crisis. McKinsey points out that roughly two-thirds of the total return for ...

Common wisdom, after all, holds that the failure acted as the detonator of the great financial crisis and recession of 2008-09. A review of what went wrong might offer a way to avoid such ...

Ivashina, Victoria, and David S. Scharfstein. "Bank Lending During the Financial Crisis of 2008." Journal of Financial Economics 97, no. 3 (September 2010): 319–338.

Often it is not a bank—it is a shadow bank.­ Shadow banking, in fact, symbolizes one of the many failings of the financial system leading up to the global crisis. The term “shadow bank” was coined by ...