A Decade Post-Lehman, Are Banks Safer?

While the profitability of banks has been challenged by increasing regulatory costs and unfavorable market conditions, they are also now better equipped to handle future market shocks. SSGA’s Phuong Doan, Daniela Litvin, David Tavares and Suzanne Smore explain the overall impact of the more stringent regulations that have emerged in the 10 years since the fall of Lehman Brothers, and explore how risk has been transferred to CCPs and shadow banking.