For my part, I will briefly review the financial crisis and talk about the future of Japan’s financial system and challenges for Japanese financial institutions. I. Global financial crisis and Japan’s financial system  A.
The international financial system after the Lehman Shock  These two years following the failure of Lehman Brothers have been indeed a tumultuous period for the global economy and the international financial system. Following the failure of Lehman Brothers, a financial crisis erupted on a global scale, and the global economy deteriorated simultaneously and rapidly.