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 ...

The new year has started poorly for many UK financial assets, with gilt yields rising to levels not seen since the financial ...