2000s

13 entries

Washington Mutual

FailureEvent2008

The largest bank failure in US history. Washington Mutual, a Seattle based savings and loan, failed ...

Northern Rock

FailureEvent2007

The first British bank run in 150 years. Northern Rock, a building society turned bank based in Newc...

IndyMac Bank

FailureEvent2008

IndyMac Bank, a Pasadena based mortgage lender, failed on July 11, 2008, the fourth largest bank fai...

Turkish Banking Crisis

CrisisEvent2001

In February 2001, Turkey experienced a severe banking crisis. The Turkish lira was floated and lost ...

Tinkoff Bank

Commercial BankInstitution2006

Tinkoff Bank was founded by Oleg Tinkov in 2006 as a branchless bank. Tinkoff pioneered digital bank...

Capitec Bank

Commercial BankInstitution2001

Capitec was founded in 2001 by Jannie Mouton as a microlender. The bank targeted lower income South ...

Bank Resolution

RegulationEvent2008

Bank resolution refers to the process of winding down a failing bank in an orderly manner. Before 20...

M-Pesa Revolution

InnovationEvent2007

M Pesa, launched by Safaricom in Kenya in 2007, was the worlds first successful mobile money service...

Bank Stress Tests

RegulationEvent2009

Bank stress tests were introduced as a key supervisory tool after the 2008 crisis. The Federal Reser...

Contactless Payments

InnovationEvent2007

Contactless payment cards were first introduced in the US by JP Morgan Chase in 2007 using technolog...

AIB Scandal

ScandalEvent2008

Allied Irish Banks was one of Irelands largest banks. AIB and Bank of Ireland dominated Irish bankin...

Iceland Banking Collapse

CrisisEvent2008

Icelands three major banks, Kaupthing, Landsbanki, and Glitnir, collapsed in October 2008 within day...

Intesa Sanpaolo

Commercial BankInstitution2007

Intesa Sanpaolo was formed from the 2007 merger of Banca Intesa and Sanpaolo IMI. The bank became th...