Great Financial Crisis

Seventeen years after its implosion rattled the global markets, Lehman Brothers‘ UK arm has finally been put to rest. The long, messy afterlife of Lehman Brothers International Europe (LBIE) ended in a London courtroom yesterday. A judge declared that its ghost has met its obligations....

Renowned investor Howard Marks, who co-founded Oaktree Capital, has raised concerns that a return to the low-interest rate environment, which was seen between the Great Financial Crisis and the outbreak of the pandemic, could foster detrimental investment behavior. What Happened...