This week in…

2011: FSA decides to launch investigation into risk management practices at UBS

2010: Independent Commission on Banking threatens retail and investment bank division break-ups

2009: Lloyds’ capital-raising plan fails FSA test, following first-half loss of £3.1bn

2008: £62bn is wiped off FTSE 100 following Lehman Brothers collapse

2007: Bank of England makes emergency loans of £4.4bn to UK banks

2006: UK borrowing reaches highest levels in 13 years, at £7.6bn

2005: IMF urges chancellor Gordon Brown to curb spending at home