Market Turmoil Fails to Deter Conference-Goers
Vienna - The Swift-organized Sibos conference kicked off on the Monday that Lehman Brothers filed the Chapter 11 petition and Bank of America bought Merrill Lynch. The week continued with AIG being bailed out, HBOS being acquired by Lloyds, Washington Mutual putting itself up for sale and Morgan Stanley initiating talks with Wachovia.
More than 8,000 people were expected at Sibos - the most senior Sibos ever, said Swift CEO Lazaro Campos. Despite the turmoil, many still prioritized attending the
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