global financial crisis

Can anyone fix Britain? Regular change of PM a symptom of UK’s malaise

There are fears that AI will undermine the business model of software companies backed by private credit.
PERSPECTIVE

Should investors worry about a 2008-style shock?

The Bank of England’s Financial Stability Report mentioned “resilience” eight times in 2015; by November 2024, the term had become the dominant theme in the text. This linguistic shift has become a systemic governing principle without operational meaning.

How ‘resilience’ became global finance’s mirage of strength

Governor Andrew Bailey said the BOE planned to conduct a “system-wide exploratory scenario” with banks, insurers, private equity companies and other non-bank lenders.

Bank of England’s Bailey warns First Brands, Tricolor collapses may herald worse to come

A market crash today is unlikely to result in the brief and relatively benign economic downturn that followed the dotcom bust. There is a lot more wealth on the line now – and much less policy space to soften the blow of a correction.

The crash that could torch US$35 trillion of wealth: Gita Gopinath

A sea of red on an electronic stock board in Shanghai during the 2008 great financial crisis. As geopolitical stresses mount, we should both re-remember the past and try to imagine what might happen in the future if a financial crisis erupted in China, for example, amid deep conflict.
PERSPECTIVE

Crisis memory, geopolitics and the risks of financial contagion

Because most credit deals in recent years applied floating rates, should the cost of credit remain high, zombie scenarios, Chapter 11 filings, and hostile takeovers by lenders could spike.
INSIGHTS FROM CFA SOCIETY SINGAPORE

Private equity: Five lessons from the GFC

US Treasury Secretary Janet Yellen said in a statement to the IMF’s steering committee that she wanted the World Bank to implement further reforms to scale up lending for climate and other global needs on a rolling basis.

IMF has adequate resources but needs quota reforms, Yellen says

 SVB seems to have failed investing in US Treasuries – is this the first time a bank failed because it had too many Treasuries?
WEALTH & INVESTING

Banking turmoil : Stay invested, this too shall pass

While the ongoing banking crisis may wreak less damage than the global financial crisis, stocks can still be in for a rough ride and recovery prospects look unexciting.
HOCK LOCK SIEW

The ongoing banking debacle is not a rerun of the global financial crisis – neither its good nor its bad bits