Life after Lehman

Five years after Lehman Brothers declared bankruptcy on Sept. 15, 2008, the global financial landscape has altered dramatically, writes The Economist.

Read: CIBC strikes deal with Lehman Estate

Western banks used to top lists of the world’s largest, and now four of the top 10 are Chinese, it notes. European banks have gotten smaller while mergers have made U.S. institutions even larger.

Read: SEC may become more aggressive

In time for the anniversary of the collapse, the magazine has created several interesting charts on how the financial landscape has changed since Lehman. Check them out here.

Also read: Lessons learned from Lehman Brothers: Scotiabank

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.