What a difference a year makes. Just 15 months ago, the world’s financial markets were staring into the abyss following Lehman Brothers cataclysmic slide into bankruptcy. To say that the past year has been tumultuous is an understatement. In what will remain one of the most seminal periods in financial markets history, Lehman’s demise created a dramatic liquidity squeeze that caused financial market meltdown and required massive government bailouts. The legacy is a move towards tighter regulation of the financial services industry, greater...Read more
Powering ahead: JP Morgan has become a banking powerhouse throughout much of the world, but until recently had made quieter progress in Asia. But the progress it made in 2009 in particular was notable. In a year when others were distracted by their own problems, JP Morgan delivered superior capital markets and trading solutions to clients and counterparties across the region and is IFR Asia’s Bank of the Year.
