Turnaround in Icelandic CDS levels signals end of ‘raid’
The development of CDS spreads on Icelandic banks has reached a turnaround point and is now moving away from the peak it reached at the end of March, ...
Business
Information and news on Business and Finance related issues
BizzEnergy introduces BSI standard billing format
BizzEnergy, a UK energy supplier, this week announced the introduction of a new bill format designed to give customers a clearer understanding of the ...
Bradford & Bingley International in business development expansion
Offshore savings bank Bradford & Bingley International has expanded its Business Development Team with the appointment of George Campbell to the r...
SAS announces Arctic Experience winner
SAS Scandinavian Airlines recently announced the winners of its Arctic Experience online competition. According to the Dubai Times, Scandinavia’s lead...
Offshore fixed rate bond offered to corporate investors
International savings specialist Bradford & Bingley International (BBI) has launched a limited issue bond for corporate investors, trustees, Indep...
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...
More bang for your buck in Iceland
The recent slide of the Icelandic Krona has made life a little harder for some residents of The Rock – no more buying super jeeps on eBay, for example...
CNBC interviews Baugur boss
In an interview on Squawk Box on the US television network CNBC, Jon Asgeir Johannesson, Executive Chairman of Baugur Group, spoke of “interesting tim...