Latest in Tag: financial crisis Highlight

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Latest in Tag: financial crisis

Ten years after the financial crisis – what have we learned?

A decade ago, the subprime crisis began in the US, which a year later became a global financial crisis with the failure of Lehmann Brothers. DW explores what politicians and the financial world have learned?Everyone is smarter after the fact. But in April 2007 when the US mortgage lender New Century Financial went broke, and …

Deutsche Welle

UK begins selling shares in RBS

The British government has begun selling its shares in the bailed-out Royal Bank of Scotland, seven years after it acquired a majority stake in the embattled financial institute at the height of the financial crisis. The Treasury said Tuesday it had sold 630 million shares, representing 5.4 percent of the bank, for 2.1 billion pounds …

Deutsche Welle

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