A lot has changed since Lehman Brothers triggered the global financial crisis. Airbnb and Kickstarter may have democratised sharing homes and funding products, but while bank regulation has largely halted risky lending, you could argue that the can of financial risk management – rather than being kicked – has simply taken an Uber down the road, writes Shahil Kotecha, chief executive at alternative lender Pivot.
Taxpayers may no longer be on the hook for bank lending – regimes such as slotting mean they have to put too much capital aside. Citizens still are, however. Since the financial crisis ushered in