Sovereign Trust Insurance Targets Sustainable Growth in 2022

L-R: Olaotan Soyinka, MD/CEO, Sovereign Trust Insurance Plc; Kayode Adigun, GM, Finance & Corporate Services; Ugochi Odemelam, Executive Director, Marketing & Business Development and Jude Modilim, Executive Director, Technical at the 2022 Budget Setting and Strategy Session for Sovereign Trust Insurance Plc held in Lagos recently.

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Case Study: The Collapse of Lehman Brothers

Overview On September 15, 2008, Lehman Brothers filed for bankruptcy. With $639 billion in assets and $619 billion in debt, Lehman's bankruptcy filing was the largest in history, as its assets far surpassed those of previous bankrupt giants such as WorldCom and Enron. Lehman was the fourth-largest U.S. investment bank at the time of its collapse, with 25,000 employees worldwide. Lehman's demise also made it the largest victim, of the U.S. subprime mortgage-induced financial crisis that swept through global financial markets in 2008. Click here to make a lazy tweet

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