Storm clouds gather at Sibos

On Monday September 15 and during the days that followed, large numbers of people across the world were glued to their television screens and news feeds as history was made with the collapse of Lehman Brothers, the acquisition of Merrill Lynch by Bank of America, the US government bail-out of AIG, and Lloyds TSB's takeover of HBOS. Industry cooperative Swift could not have picked a more turbulent time to hold its annual industry conference. Since 1978, when it first organised Sibos (Swift

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