11 years on, Lehman’s fall still casts a shadow in the market

More than 10 years after the demise of the US investment bank, Spain’s Supreme Court has ordered private bank Bankinter to redress investors. The first chamber of the Supreme Court of Spain has ruled against Bankinter for the sale of bonds, preference shares and structured products issued by Lehman Brothers and three Icelandic banks (Landsbanki, and Kaupthing) which went bankrupt at the end of 2008. According to the court ruling, Bankinter failed to disclose to its clients sufficient inf