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Some Spanish Banks have taken advantages of the crisis. They have provided specific banking products known as “toxic products” (swaps, IRS, “preferentes”, “subordinadas”, bonos, etc.) created to keep getting profits due to the lowering of interest rates. Therefore some Banks created highly complex and speculative financial products to keep the money of savers and they have contributed to the deceitfulness of small savers. Besides this there are some others “toxic products”, as “clausulas suelo” and multicurrency mortgages cases.

Since 2009 Legalarte has specialized in this area of law, and we have started many lawsuits, always against Banks.

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