Are European banks too big to fail?

This interactive map explores the relative size of business and government. Updated to show tier 1 capital ratios for each bank, and household debt levels as percentage of GDP
Rich nations must not use the crisis as a pretext for abandoning developing nations, write Kofi Annan, Michel Camdessus and Robert Rubin
Fred Goodwin becomes most high profile casualty
Eurozone agrees to guarantee bank debt
$9bn investment from Japanese group
Governments scramble for accord

This interactive map explores the relative size of business and government. Updated to show tier 1 capital ratios for each bank, and household debt levels as percentage of GDP

The attacks on New York and Washington in 2001, horrifying as they were, did not shake US dominance of the global political and economic system. It was Lehman’s collapse that truly marked the end of the “unipolar moment”, writes Gideon Rachman
Our collective over-emphasis on policy for the short term over long term in the era before Lehman’s fall has returned to haunt us. For the economy as a whole, however, there are seeds of prosperity, writes Glenn Hubbard
Regulators may have been given greater authority to keep banks on a tight leash. But they must actively enforce their new powers. To do this, they must have the political backing to make enemies of the banks
Accounting: In the wake of revelations on how Lehman flattered its balance sheet, questions are arising about how such techniques became possible and what can be done to curb them
Lehman Brothers’ collapse left its staff hungry for a challenge that BarCap used to its advantage
The dirty secret hanging over the industry is that the type of cross-border games at the investment bank were an extreme version of what has occurred at other companies – and these games are unlikely to disappear
Lehman Brothers used inconsistent and highly subjective methods to value the problematic assets on its books, according to the Valukas report