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Credit crunch

March 2021

  • gamestop and reddit icons

    Project Syndicate economists
    Bitcoin and Robinhood will end badly for those who can least afford it

    Nouriel Roubini
    Millions in precarious jobs are betting scant savings on worthless stocks and cryptocurrencies via share-dealing apps

February 2021

  • Arrival

    Business leader
    Fintech firms want to keep their golden shares. London may be forced to agree

    Watering-down stock market rules might sound outrageous, but the success of these companies matters to the market

December 2020

  • Financial services commissioner Mairead McGuinness speaking at a news conference today in Brussels

    'Bad loans' of banks risking credit crunch, warns European commission

    Europe facing post-Covid finance squeeze as indebted businesses crash affecting economy

July 2020

  • Amanda Staveley arriving at the high court in London

    Claim Amanda Staveley in charge of Abu Dhabi Barclays deal 'a fantasy', court told

    Court hears evidence from ex-director of sovereign wealth fund as bank sued for up to £1.5bn

April 2020

  • JP Morgan bank sign

    JP Morgan sets aside $8.3bn to cover Covid-19 losses

    Wall Street bank earmarks sum to cover credit cards and oil and gas sector losses

January 2019

  • Clouds over Canary Wharf

    The sub-prime timebomb is back – this time companies are lighting the fuse

    Leveraged loans are ringing alarm bells for regulators who fear a repeat of 2008’s mortgage disaster

October 2018

  • Fran Boait

    Ten years after its near-collapse, RBS is still a toxic brand

    Fran Boait
    The bank needs to regain the trust of the British public, says Fran Boait of campaign group Positive Money

September 2018

  • The New York Mercantile Exchange, 15 September 2008.

    The panel
    Ten years after the crash: have the lessons of Lehman been learned?

    Yanis Varoufakis, Ann Pettifor , Mark Littlewood, David Blanchflower, Olli Rehn, Nicky Morgan, and Micah White
    Our panel of writers considers what has changed – and what still needs to

November 2017

  • Credit cards and cash

    UK consumer credit growth falls to 18-month low

    Decline will soothe Bank of England fears about reckless lending while household incomes are being squeezed

September 2017

  • Cartoon of Jamie Dimon as a priest confronting a glowing bitcoin rising into the air, attached to a balloon

    Business leader
    Don’t dismiss bankers' predictions of a bitcoin bubble – they should know

    The virtual currency’s success reflects the continuing lack of trust in traditional banking following the credit crunch

August 2017

  • The Labour prime minister Clement Attlee in the garden of 10 Downing Street in August 1945.

    10 years after the crash, alternatives are emerging

  • Torsten Bell

    We let the 2007 financial crisis go to waste

    Torsten Bell
  • Lehman Brothers staff leaving its Canary Wharf offices after it sought bankruptcy protection in 2008.

    Business leader
    A decade after the financial meltdown, its underlying problems haven’t been fixed

  • Demonstrators protest outside Royal Bank of Scotland’s AGM in 2008

    Credit crunch, 10 years on: fate of RBS shows global crisis is not over

  • Don't relax rules on City after Brexit, Mark Carney warns

  • 'It's hard to remember how fraught it was': Mark Carney on the credit crunch

  • The day the credit crunch began, 10 years on: 'the world changed'

July 2017

  • Brazil’s stock traders negotiating at the future dollar pit at the Mercantile & Futures Exchange (BM&F), in Sao Paulo, Brazil in August 2007.

    10 years on from the credit crunch: share your memories

    We want to hear from those who were affected by the 2007 financial crisis and how their situations have changed since then
  • Grosvenor Crescent, London

    The Guardian view on the 1%: all gain, no pain

    Editorial: The richest in our society are not worth the rewards they give themselves. It’s because they have captured ideologically the political process that these absurdities continue
  • Bank of England governor Mark Carney

    We have fixed issues that caused financial crisis, says Mark Carney

    Reforms are building a safer, simpler and fairer financial system, FSB chairman and Bank of England governor tells G20 leaders
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