The Aftermath of the Lehman Brothers Collapse in Hong Kong: The Saga, Regulatory Deficiencies, and Government Responses

Publisher:
Thomson Sweet and Maxwell
Publication Type:
Journal Article
Citation:
The Company Lawyer, 2010, 31 (11), pp. 343 - 354
Issue Date:
2010-01
Filename Description Size
Thumbnail2009001122OK.pdf1.01 MB
Adobe PDF
Full metadata record
The article examines the fallout of the Lehman Brothers collapse in Hong Kong. As an international financial hub in Asia, Hong Kong was profoundly affected by the collapse of this company. As a result, it impacted negatively on the publics confidence in the Hong Kong banking sector. Furthermore, this event has exposed a number of regulatory deficiencies in Hong Kong. In response to this financial crisis, the Hong Kong Government has made an unprecedented move to negotiate with local banks to refund the investors.
Please use this identifier to cite or link to this item: