financial crisis

Our readers reckon that greedy bankers played a bigger role in causing the global financial crisis, but Wharton professor Franklin Allen blames the real estate bubble.

Speaking at Hong Kong University, Hank Paulson explains why Lehman had to fail and how people in the US need to understand that China did not cause the financial crisis.

Future historians will highlight the rapid rise in emerging countries' living standards, not the global financial crisis, argues Lawrence Summers.

Deutsche Bank's Clifford Cheah, head of global finance and foreign exchange in Asia, offers his views on how the changing FX landscape has transformed the way banks do business.

Profit updates reveal that EuropeÆs banks face renewed challenges in 2009, leading to speculation of more capital-raising and a sharp deterioration in share prices.

Hanwha is to buy KDB's controlling stake in Daewoo Shipbuilding, but doubts remain about its financing ability as Bank of Korea slashes interest rates in a battle to stave off crisis.