I'm a junior M&A banker at one of the leading investment banks. I've worked in this industry for the past five years, but I was still a child in 2008. Get Morning Coffee ☕ in your inbox. Sign up here. In the past few weeks, a lot of the discussion on the desk has been about that period. Banks that used to exist - Bear Stearns, Lehman Brothers, RBS - basically ceased to exist. And then Credit Suisse ceased to exist in 2023. Could this happen again? Could this happen to us? This is our new topic of debate.