Lehman Brothers

Lehman Brothers, one of the largest investment banks in the United States, filed for bankruptcy in the early hours of September 15, 2008, after an exodus of clients, drastic falls in its stock prices and downgrades by credit rating agencies. Its collapse has been described as a key point in the global financial crisis, with some commentators referring to a “Lehmans Moment”.

Plugging the gaps in financial regulation in HK

4 Oct 2012

When I became the first non-executive chairman of the Securities and Futures Commission (SFC) in 2006, the world was cruising on a path of moderate growth, stable employment and subdued inflation...

2:58PM

Hong Kong mediation centre aims to end Lehman minibonds investor pain

20 May 2013

Although the taxpayer-funded Financial Dispute Resolution Centre has handled far fewer cases than expected in its first 10 months of operation, industry players say it has made banks and brokers...

4:18AM

UBS shrugs off break up call, with shareholder support

3 May 2013

UBS won broad shareholder backing for its strategy and pay policies on Thursday, dealing a blow to a surprise call from activist investor Knight Vinke Asset Management for the Swiss bank to hive...

11:41AM

Talking Points

19 Nov 2012

Colombia, rebels resume peace talks

3:24AM

Three Australian councils win case against Lehman Bros unit

21 Sep 2012

Three Australian councils on Friday won their case against a Lehman Brothers subsidiary over losses they incurred on complex investment products that crashed during the global financial crisis.

4:36PM

Global economy 'to take toll' on BOCHK loans

24 Aug 2012

Bank of China Hong Kong, the overseas arm of Bank of China, expects loan demand to weaken even further in the current half as Hong Kong's economy suffers from the uncertain outlook in Europe and...

2:47AM

Opinion

Ferry companies shouldn't be subsidised while they burn dirty fuel

2:53AM

Shirley Yam

What were our top officials doing to let HKMEx fail?

3:37AM

Surviveand thrive

The Student

Melody Liu had been working in banking for six years when the world was rocked by the bankruptcy of Lehman Brothers and the subsequent global financial crisis.

11:23PM

On the move

Monica Lee-Muller
Managing director
HK Convention and Exhibition Centre (Management)

6:16PM

With that sort of pay packet, Joe, shut up and cop the flak

'I have adequate grounds to seek a judicial review. But it is difficult to confront the entire political engine with my own force.'

Joseph Yam Chi-kwong

Former HK...

5:15PM

Lawmakers deny HK$28m report was waste of money

The Legislative Council report on the Lehman Brothers fiasco cost taxpayers HK$28 million - the most expensive Legco investigation ever.

5:01PM

Lehman criticism played down

Two senior government officials should not be held politically accountable for the Lehman Brothers investment fiasco of 2008, the head of a legislature subcommittee on the issue said yesterday....

4:59PM

Not all minibond buyers were innocent

Local investors like to boast how clever they are - unless they bought Lehman Brothers minibonds and other related derivative products. These Lehman investors have since gone out of the way to...

4:54PM