Looking back to the future

Author: | Published: 17 Oct 2018

Regulators have shifted their oversight dramatically since the financial crisis 10 years ago, as Linkaters’ Jacques Schillaci discusses

Ten years have passed since the events of September 15 2008 which saw financial services firm Lehman Brothers collapse, arguably the most dramatic event in that year's global financial crisis. That a firm with over $600 billion in assets was allowed to fail ignited a debate that continues to this day.

IFLR's John Crabb speaks to New York-based Linklaters counsel Jacques Schillaci, who specialises in US bank regulation, about the collapse, the crisis and regulators' steps to prevent events of this scale from happening again.

It has been 10 years since the collapse of Lehman Brothers; how has this impacted the way we regulate large financial institutions? If you look at the history of financial regulation in the US, the global financial crisis that surrounded Lehman's collapse is probably one of the two...


 

 

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