Over 1,000 savings and loan institutions were wiped out in the crisis that unfolded throughout the 1980s, resulting in up to $124 billion in costs to taxpayers.
After nearly a decade of supercharged growth, the junk bond market slumped in the late 1980s following a series of interest rate hikes by the US Federal Reserve.
In a surprise move in December 1994, Mexico devalued its currency, the peso, after the country's current account deficit grew and its international reserves declined.
A massive outflow of capital from Asian economies in the mid-to-late 1990s put pressure on the currencies in the region, necessitating government support.
The highly leveraged US hedge fund lost more than $4 billion in a span of a few months in 1998 following the Asian crisis and a subsequent financial crisis in Russia.
The biggest financial crisis since the Great Depression was rooted in risky loans to shaky borrowers, which started to lose value after central banks raised interest rates leading up to the crisis.
Spurred by the 2008 financial crisis, surging debt at some of the major European economies led to a loss of confidence in the region's businesses.