Insight

A decade after the fall of Lehman, how has the industry changed?

2018-09-17T11:08:00

Housing market

Source: Shutterstock/Petrmalinak

Too big to fail, they said. It will never happen here, they said. And yet it is a mere 10 years ago since the behemoth that was Lehman Brothers came crashing down.

The changes precipitated by the fall of Lehman extended far beyond 40 Bank Street in Canary Wharf. Lehman was a significant participant in the real estate sector and it was inevitable that some of the changes felt by our sector have been as a direct consequence of Lehman’s failure.

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