In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...

Government intervention and finance -- Bank regulation -- Bank concentration and central banks -- Universal banking, governance, and compensation -- Regulation of securities and capital markets -- Regulation and policy in the global recession