Financial crisis of 2007-08

  1. Video content

    Video caption: Coronavirus: Are we heading into a new great recession?

    The BBC's Monica Miller explores how 2020's global coronavirus-induced financial crisis compares to the 2008 recession.

  2. Ex-Barclays executives found not guilty on all charges

    Barclays building

    More detail on the news that three former Barclays executives have been cleared of fraud charges linked to how the bank raised billions from Qatar during the financial crisis.

    The Serious Fraud Office had alleged the bank had given Qatar secret fees that helped it to survive without a UK government bailout in 2008.

    Roger Jenkins, Tom Kalaris, and Richard Boath were found not guilty on all charges by the jury in under six hours.

    Former Barclays chief executive John Varley was acquitted in June.

    Read more on the story here.

  3. BreakingBarclays ex-bankers cleared of fraud

    Three former Barclays executives have been cleared of all charges in a fraud trial over the bank's fundraising efforts during the 2008 financial crisis.

    The Serious Fraud Office (SFO) case centred on alleged undisclosed payments to Qatar in return for cash that helped the bank during the financial crisis.

  4. US sues UBS over 'catastrophic' losses

    UBS logo against a dark sky

    The US has filed a civil complaint against Swiss bank UBS and some of its affiliates alleging that the lender defrauded investors and caused them to suffer "catastrophic losses" related to the sale of residential mortgage-backed securities from 2006 to 2007.

    “Investors who bought residential mortgage-backed securities from UBS suffered catastrophic losses, which not only caused direct harm to those investors, but also contributed to the financial crisis of 2008," the US Department of Justice said in a statement.

    "The complaint alleges that instead of ensuring that their representations to investors were accurate and transparent, UBS affirmatively misled investors and withheld crucial information from them about the loans in its deals."

    UBS has said it will contest the complaint.

  5. The Bailout

    Video content

    Video caption: Gordon Brown tells the inside story of the bank bailout.

    In October 2008, the UK was on the brink of financial collapse. Gordon Brown tells the inside story of the bailout.

  6. Power Shift

    Video content

    Video caption: How power moved from west to east after the 2008 financial crisis

    How power moved from west to east after the 2008 financial crisis. Ian Goldin explores the crash's dramatic effects on geopolitics.

  7. Clip update

    Video content

    Video caption: Stephanie Flanders discusses the global financial crisis with top economic thinkers.

    Stephanie Flanders asks three economic thinkers, including Jim O'Neill, if the lesson of the financial crisis is that national governments and global markets just don't mix.