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Lehman Brothers

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abtest

Perils of a currency crisis

By BREAKTHROUGH | By Elfren S. Cruz | September 13, 2018 - 12:00am

Most people have forgotten that this week is the 10th anniversary of the collapse of the Investment bank Lehman Brothers and the beginning of the global financial crisis.

Opinion

Where do we look next?

By POLITICAL FUTURES | By Ian Bremmer | September 11, 2018 - 12:00am

A decade ago, US financial services giant Lehman Brothers collapsed. That event triggered the landslide that became the most severe global financial crisis since the 1930s.

Opinion

ECB: bank system smaller, more tied to governments

By David Mchugh | November 5, 2013 - 3:06am

The banking system in the 17-country eurozone has shrunk since the global financial crisis hit more than five years ago, and loans make up a smaller part of the sector's business, the European Central Bank said in...

World

ECB launches major review of banks

By David Mchugh | October 24, 2013 - 5:21am

The European Central Bank is launching a review of 128 of the eurozone's biggest banks, a push to restore faith in the financial system — and lay the groundwork for growth — after similar studies fell...

World

P-Noy to rise or fall on presidential pork

By Federico D. Pascual Jr. | October 15, 2013 - 12:00am

ACID TEST: President Noynoy Aquino appears to have decided to rise or fall on the pork barrel issue  but the people, if surveys are to be believed, have just cautioned him with a sharp drop in his net trust...

Opinion

Purisima urges US Congress to resolve deadlock

By Zinnia B. Dela Peña | October 13, 2013 - 12:00am

With pressure mounting and little progress on the fast-approaching debt ceiling deadline, Finance Secretary Cesar Purisima has called on America’s deadlocked lawmakers to resolve the political impasse and raise...

Business

Obama warns GOP against creating 'economic chaos'

By Jim Kuhnhenn | September 17, 2013 - 5:05am

In a blistering warning to congressional Republicans, President Barack Obama said it would be the "height of irresponsibility" for lawmakers to cause another economic crisis just five years after the collapse of...

World

Market plunges on heavy selloffs

By Neil Jerome C. Morales | August 23, 2013 - 12:00am

The Philippine stock market, coming from a three-day trading break, played catch up to Asian markets’ slump as it plummeted to near historic low on heavy selling.

Business

AG Finance gains slightly in debut

By Neil Jerome Morales | August 14, 2013 - 12:00am

Microfinance firm AG Finance Inc. became the fourth firm to go public this year as it completes its P150-million initial public offering (IPO) by listing its shares yesterday at the Philippine Stock Exchange.

Business

AG Finance eyes P150-M IPO

By Neil Jerome C. Morales | July 26, 2013 - 12:00am

A microfinance company is braving the volatile stock market as it is set to become the fourth  firm to go public this year.

Business