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Outlook The Old Lady of Threadneedle Street likes drama to be reserved firmly for the stage. So yesterday's announcement from her Financial Policy Committee on "potential amplification channels" of financial risks was characteristically short on hyperbole.

Leading article: The global credit crisis has entered a new dimension

There are lessons to learn from the failure of Lehman Brothers

Stephen Foley: Why Lehman Brothers went under

You've got £1. Invest it wisely, you might end up with £2. If you had £1 and borrowed another £1, then invested them both, you would end up with £4. Even when you've paid back the £1, you have made double the profit. That's leverage.

HBOS shares plunge in Lehman crisis

UK shares continued to tumble this afternoon after the credit crunch claimed one of the world's biggest investment banks - with Britain's biggest mortgage lender the worst affected.

Prime UK jobs at risk after Lehman collapse

Thousands of jobs were at risk today after the UK arm of troubled investment bank Lehman Brothers was placed into administration.

Andreas Whittam Smith: The banks must clean up the mess they've created

Lehman Brothers' CEO assumed that the credit crunch would be damaging, but not fatal

Jeremy Warner's Outlook: Lehman Brothers gets the Bear Stearns treatment. Now who's next?

Just when you thought it was safe to go back in the water ... The federal bail-out of Fannie Mae and Freddie Mac has been depicted by commentators as the "big one" that would come to mark the crescendo of the banking crisis, with the storm gradually petering out from here on in. This week's collapse in the share price of Lehman Brothers, and the separate run on confidence at Washington Mutual, demonstrates that the hurricane season is far from over.

Lehman plunges as doubts shake investors

The Lehman Brothers rescue plan got a dismal reception from Wall Street today, with shares of the battered bank plunging about 40 per cent.

The Investment Column: Tough market means DS Smith is best ignored

A&J Mucklow; Blue Oar

Lehmans' fight for survival

As Lehmans talks to Korea Development Bank about a potential $6bn cash injection, Stephen Foley looks at the range of options the one-time bastion of Wall Street has in its battle to remain independent

Lehmans puts another 1,500 jobs on the block, including in London

Lehman Brothers is planning to axe up to 1,500 more jobs, as part of its desperate struggle to reduce costs, raise money and rebuild its battered balance sheet.

Lehman chief in race against time

Lehman Brothers chief executive, Dick Fuld, is in a race against time to rebuild the investment bank's battered balance sheet and set out a reason for the company to remain independent amid growing calls for new leadership or a sale of the company.

Commodity prices in biggest monthly drop since 1980

Commodity prices fell by 10 per cent last month, indicating that the five-year-long commodities price boom is coming to an end and easing pressures on the Bank of England to raise interest rates this week.

Fall in demand sends oil price sinking to $127

Oil prices hit a new six-week low yesterday, sinking under $127 a barrel on slowing demand in the US and Europe in the wake of soaring prices and weaker economic growth. The fall was strengthened as fears receded that oil rigs in the Gulf of Mexico would be hit by Hurricane Dolly.

Goldman accused of spreading rumours about rivals

Goldman Sachs, the most powerful investment bank on Wall Street, has found itself at the centre of a storm over the events that led to the collapse of Bear Stearns, as regulators issued subpoenas in the hunt for evidence of market manipulation.

Lehman Brothers poised for $5bn cash call as credit woes mount

Investors in Lehman Brothers, one of the top five Wall Street investment banks, are bracing themselves for more pain as the company considers issuing between $3bn and $4bn (£1.5bn-£2bn) in new shares to shore up its balance sheet.

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