In the future, a number of noteworthy advancements will significantly change how we manage, invest, and do business, transforming the fintech scene inside the banking sector. Fintech, a portmanteau of financial technology, is at the forefront of this transformation, promising innovation, efficiency,Īnd enhanced customer experiences. With unrivalled contributions from the key decision makers including US Treasury Secretary Tim Geithner, Gordon Brown and five other finance ministers, the programme pieces together the details of an extraordinary moment in history, when the world faced its greatest financial crisis.A new age in the ever-changing world of modern finance is being ushered in by the use of technology in traditional financial services. The third part of the BBC's definitive series on the crash tells the extraordinary story of how politicians reacted, and asks what has been learnt from the entire calamity. In the month that followed the bankruptcy of Lehman Brothers in September 2008, the world stared into the abyss of total financial collapse. In October 2008, weeks after the catastrophic collapse of Lehman Brothers, the man whose ideas influenced the world admitted he might have been 'partially' wrong. At the heart of the story is Alan Greenspan, who for 20 years was one of the most powerful people in the world. The programme explains how we changed our attitude to risk, learnt to live with debt and, above all, how governments stepped back from regulating any of it. With testimony from many of the key decision makers who shaped our lives over the last two decades, including Gordon Brown, governor of the Bank of England Mervyn King, and an exclusive interview with former chairman of the US Federal Reserve Alan Greenspan, it charts how the financial bubble grew and grew.

The series on the global crash examines the boom years before the bust. One year on, the programme explains why the collapse of one bank had such disastrous consequences for the world's economy. Gordon Brown, Tim Geithner and Alistair Darling reveal the dilemmas they faced and the decisions they took. A cast of contributors including national leaders, finance ministers and CEOs describe the tense negotiations in New York and London as the investment institution headed towards bankruptcy. In September 2008, the collapse of Lehman Brothers tipped the world into recession.

The bank that bust the world