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Even as interest rates have fallen, bank deposits have grown at an impressive clip of almost 5 percent a year, according to Trepp, a financial research firm.
Creditors and former customers are battling over who will get what and when from the fallen bank, including more than $32 billion of assets that have been tied up in Lehman's London prime brokerage unit.
Financial News reported that Bear Stearns' sale to JPMorgan has come as a blow to private equity bankers, who were counting on the fallen bank to provide greater liquidity to the European buyout market as part of its expansion plans this year.
There's something disjointed about a church turned into a brewery, a fallen bank turned into the city's first 24-hour Starbucks.
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When markets are uncertain, profits are down, and their share prices have fallen, banks have few options.
Executives have been turfed out at eight of the fallen banks, among them members of powerful dynasties such as the Ibru family, which owns Oceanic Bank.
The question of who should lead the fallen banks that now have governments as their largest shareholder has vexed regulators on both sides of the Atlantic.
In this guise he led the fight against the creditors of the fallen banks and was instrumental in the deal that was struck.
Banks, and falling bank profits, were the major weaknesses identified by the E.C.B. in the report.
That means when investors are worrying that China's economy is slowing, or that the oil price is going to keep falling, bank stocks suffer too.
So the best news of the week, buried under all the headlines about falling bank share prices, was the sharp drop in the price of oil.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com