Iceland’s Arion Bank says it is preparing to turn to international credit markets with a bond issue within the next 12 months. Arion has never issued bonds before and is the state-created successor to Kaupþing, which went bankrupt in 2008. Read the full story

Ingvar Vilhjalmsson, the former director of the market trade division at Iceland’s (now bankrupt) Kaupthing Bank, now needs to repay the bank’s estate around ISK 2.6 billion (EUR 16.36 million) in loans which had effectively been written off. Read the full story

The British businessman Vincent Tchenguiz, who was closely linked with the Icelandic bank Kaupthing, has struck a deal with the defunct bank’s resolution committee. He will now stop his pursuit of damages against the bank. Read the full story

Arion Bank, the state-created domestic successor to Iceland’s failed Kaupthing Bank, has reported good results for the first half of 2011. Read the full story

A majority of the former Kaupthing Bank employees who were originally let off repaying loans used to buy shares in the bank, pre-collapse, have now made a payment deal with its resolution committee. Read the full story

A former executive at Iceland’s now-defunct Kaupthing Bank has been ordered by a court to repay a ISK 640 million (EUR 3.9 million) which the bank granted him to buy Kaupthing shares. Read the full story

Kaupthing and Glitnir banks appear to have colluded to prop up each other’s share prices. Various pieces of evidence have emerged to back up this claim, investigators into the old Icelandic banks say. Read the full story

Iceland’s special prosecutor into the banking crash, Olafur Thor Hauksson, is in Luxembourg with a team of investigators in relation to the probe into the collapse of Kaupthing. Read the full story

The British businessman Robert Tchenguiz is considering suing the Serious Fraud Office (SFO) following his arrest in the investigation into the collapse of Iceland’s Kaupthing Bank. Read the full story

The seven people arrested in London yesterday in the Serious Fraud Office investigation into the collapse of Iceland’s Kaupthing Bank, have all been released on bail. Read the full story