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...
Icelandic premier says LBI will not be exempt from restrictions
Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has insisted that failed bank LBI hf will not be exempt to the country’s capital controls.
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...
Landsbanki suffers homes for loan repayment setback
Icelandic bank Landsbanki has suffered a setback after its Luxembourg branch lost an appeal against French authorities seizing debts of clients who lo...
Iceland prosecutor indicts ex-Landsbanki executives over loans
Two former Landsbanki chief executives have been indicted by Iceland’s special prosecutor for allowing it to guarantee loans despite lacking sufficien...
Iceland bank wants loan extension
Iceland’s state-run Landsbanki bank wants to renegotiate the conditions of a £1.5bn bond in an effort to slow payments to other countries’ governments...
Local council in England recoups more losses from Iceland banking collapse
The local council in Wiltshire, England, has been compensated for almost half of its losses suffered in the 2008 banking crash in Iceland.
Iceland’s Landsbanki looks to sell off Hamleys to French toy giant
Icelandic bank Landsbanki is reportedly negotiating a deal to sell Hamleys toy retailer to its larger France-based counterpart.