Kaupthing bankers jailed for fraud in Iceland
Iceland’s Supreme Court has rejected appeals by four Kaupthing executives and upheld their prison sentences for their part in the country’s 2008 finan...
Former Landsbanki boss jailed in Iceland
The former boss of the defunct Icelandic bank Landsbanki has been jailed for 12 months for his role in the 2008 financial crisis.
Iceland advised to drop bank creditor programme
Iceland must take a stronger stance on world creditors as its failed banks aim to safeguard the failed króna in a planned exit from a six-year capital...
Asian investors interested in Íslandsbanki
An Asian investment group is eyeing up Íslandsbanki, one of the financial institutions created after Iceland’s economy collapsed, offering a ray of ho...
Former Glitnir Bank head indicted in Reykjavik
The former boss of Glitnir Bank has been formally indicted for tax evasion, Icelandic officials announced on Monday 4 February. Charges against Bjarni...
Former Baugur head pleads not guilty
The former head of Icelandic investment group Baugur has pleaded not guilty to fraud charges relating to his actions leading up to the country’s 2008 ...
Former Glitnir bank heads jailed in Iceland
Two former bosses from Iceland’s Glitnir bank have been jailed on fraud charges relating to the country’s 2008 banking crash.
Business is booming for small Icelandic companies
One year after the financial meltdown in Iceland when the three main banks, Kaupthing, Glitnir and Landsbanki collapsed, and many big Icelandic firms ...