Nomura
Banking and the New Terms of Trade
Lately, we have witnessed a number of significant events go down in financial history. In August 2018, 20 years had passed since Russia declared bankruptcy with the primary reason being a substantial drop in the prices of resources, especially oil which quoted at US $9 per barrel. In September, we looked back on how Lehman Brothers, a major American bank, faced bankruptcy.
- Read more about Banking and the New Terms of Trade
- Log in to post comments
Greek court sets precedent by ruling in favor of widow in legal action against Lehman Bros
Greece’s Supreme Court decided in favor of the wideow of a Greek pensioner who took defunct finance firm, Lehman Brothers, to court reports daily Greek newspaper, Ethnos.
Julius says Grexit would be no new Lehman Brothers
Former Bank of England policymaker DeAnne Julius said a Greek exit from the euro area probably wouldn?t mean a financial fallout such as that in the wake of the 2008 collapse of Lehman Brothers Holdings Inc.
?There?s very little risk of a Lehman-type moment? immediately after a Greek exit, Julius said in an interview on Bloomberg Television on Tuesday.
- Read more about Julius says Grexit would be no new Lehman Brothers
- Log in to post comments