Kaupthing Bank hf. granted a moratorium
PRESS RELEASE FROM KAUPTHING BANK: On 24 November 2008 the District Court of Reykjavik granted Kaupthing Bank hf. (“Kaupthing”) a moratori...
Icelandic PM: terrorist law must not be applied to Iceland
The Icelandic government is said to be angry at the approach of the British Prime Minister Gordon Brown concerning depositors of Landsbanki. (Read Ice...
Kaupthing to buy Landsbanki
Local media DV.is reported today that, according to their sources, Kaupthing bank would buy Landsbanki with the back-up of the Icelandic government. A...
UK sees increased trust in Icelandic banks
A large number of savings account holders in the UK transferred their funds to Icelandic banks on Monday, reports Mbl.is Icesave, a savings account of...
Icelandic banks ‘fully comparable’ to Nordic counterparts
Claims that exchange rate fluctuations are eating into the profits of Icelandic banks have been dismissed by the Icelandic Financial Supervisory Autho...
UK hedge fund reported to Icelandic and UK authorities
The Financial Services Authorities (FSA) in the UK and Iceland have been warned about a London-based hedge fund which disapproved of a British profess...
UK hedge fund denies ‘attack’ on Icelandic market
Lansdowne Partners, one of the four hedge funds named by Chairman of Kaupthing Bank for the recent ‘attack’ on the Icelandic market, has denied the ba...
Icelandic banks turn up the heat in UK savings war
The savings rate war in the UK is heating up thanks to a new high-interest savings account launched by Iceland’s biggest bank, Kaupthing. The savings ...