Greece could become the “next Lehman Brothers” should a lack of investor confidence exacerbate the funding problems in the country, potentially provoking fears surrounding the stability of other eurozone countries, a top UK fixed-income analyst has warned.

Gary Jenkins, head of fixed-income research at UK broker Evolution Securities, said in note to clients today that Greece's funding problems could provoke the same investor reaction that followed the collapse of Lehman Brothers in September 2008.