Sixty-five percent of Iceland’s Íslandsbanki to be sold
According to Iceland’s state holding company, ISFI, the country is set to sell its sixty-five percent stake in Íslandsbanki over the next two years. I...
UK Kaupthing directors banned from senior roles
The three directors of the British arm of Iceland’s collapsed Kaupthing bank have escaped a fine after a three-and-a-half year investigation, but they...
UK tycoon cleared in Icelandic bank case
The UK’s Serious Fraud Office has cleared property tycoon Vincent Tchenguiz of fraud after they accused him and his brother Robert of profiting from t...
Former Icelandic bank execs jailed for fraud
The former chairman and the former CEO of the Icelandic Byr Savings Bank have each been sentenced to four-and-a-half years behind bars after being fou...
Former Landsbanki executives arrested in Iceland
Two former senior Landsbanki executives have been arrested over allegations of market manipulation after a total of seven former Landsbanki employees ...
Iceland Glitnir Bank investors sued for siphoning $2 billion
Seven Giltnir Bank investors and officials, including Jon Asgeir Johannesson, are being sued for conspiring to snatch control of USD 2 billion to bene...
Former Kaupthing bank boss Hreidar Mar Sigurdsson arrested in Iceland
The former President of Kaupthing Bank, Hreidar Mar Sigurdsson has been arrested in Reykjavik, accused of criminal malpractice.
New Kaupthing and Islandsbanki recapitalisation announced
Further to the announcement of 20 July 2009 and following shareholder meetings of Islandsbanki and New Kaupthing today, the Government of Iceland is p...