In the 10 years since storied investment bank Lehman Brothers collapsed, sending shock waves through the world of international finance and sparking a lengthy global financial crisis, what is perhaps most surprising to many observers is that so little has changed. The genuine changes are, however, under the surface — and those too need to be examined carefully to see if they still retain their usefulness and significance as crisis resolution becomes less of a priority. On the face of it, the financial sector has paradoxically changed the least. There are still institutions that are “too big to fail”, skewing