Cross Border

Lehman Brothers International Europe, the European arm of Lehman Brothers, entered administration on...

The Lehman bankruptcy triggered global contagion. Money market funds broke the buck as the Reserve P...

Fortis, a Benelux banking and insurance group, was broken up and nationalized in September 2008. For...

Hypo Real Estate, Germanys second largest commercial property lender, collapsed in September 2008. H...

UBS lost approximately 50 billion on US subprime mortgage investments. The Swiss bank had been the l...

HBOS, formed from the merger of Halifax and Bank of Scotland, was rescued through acquisition by Llo...