In accordance with previous estimations, it is still predicted that recoveries from the bankrupt estate of Iceland’s Landsbanki Islands hf. will cover UK and Dutch deposits in Icesave; with surplus. Read the full story
Posted on 02 September 2011.
In accordance with previous estimations, it is still predicted that recoveries from the bankrupt estate of Iceland’s Landsbanki Islands hf. will cover UK and Dutch deposits in Icesave; with surplus. Read the full story
Posted in Business, General, Holland, Iceland, MBL, United KingdomComments (2)
Posted on 01 July 2011.
Haukur Thor Haraldsson, a former employee of Landsbanki, was yesterday sentenced to two years in prison for embezzlement. Read the full story
Posted in Business, General, Iceland, International, MBLComments (1)
Posted on 06 June 2011.
British media are reporting that the UK’s second-biggest supermarket chain, Asda is interested in buying the nearly 70 percent stake in Iceland Foods owned by the bankrupt estate of Old Landsbanki from Iceland, the country. Read the full story
Posted in Business, General, Iceland, Marketing and Consulting, MBL, United KingdomComments (1)
Posted on 19 May 2011.
The winding up and resolution committees of Old Landsbanki held a press conference today where they revealed that the bank’s assets are now expected to cover 99 percent of priority claims — including Icesave. Read the full story
Posted in Business, General, Holland, Iceland, MBL, United KingdomComments (0)
Posted on 12 May 2011.
Landsbanki business advisers are preparing the sale of all shares in Iceland’s Domino’s Pizza franchise, which are currently owned by Homlur ehf., which is a Landsbanki subsidiary. Read the full story
Posted in Business, General, Iceland, MBLComments (1)
Posted on 09 April 2011.
For the second time, Icelanders are today voting in a national referendum on whether to approve or deny a new deal aiming to pay back the British and Dutch governments for the money they spent bailing out customers of Landsbanki’s failed Icesave savings accounts. Read the full story
Posted in Business, General, Holland, Iceland, MBL, Politics, United KingdomComments (7)
Posted on 07 April 2011.
Reykjavik District Court has today passed sentence on the first case by the special prosecutor into the banking crash. Baldur Gudlaugsson has been sentenced to two years in prison for insider trading. Read the full story
Posted in Business, General, Iceland, MBL, SocietyComments (12)
Posted on 28 March 2011.
Britain’s Serious Fraud Office is widening the scope of its investigation into the Icelandic banking crash and will now also pay close attention to Landsbanki. Read the full story
Posted in General, Iceland, MBL, United KingdomComments (1)
Posted on 23 March 2011.
The Reykjavik District Commissioner has granted investment company Horn’s request to ban the DV newspaper writing any more about its affairs. Read the full story
Posted in Business, General, Iceland, MBLComments (1)
Posted on 19 March 2011.
Landsbanki has taken over operation of Pizza-Pizza ehf, the Icelandic franchise holder for Domino’s Pizza, and all of its shares in co-operation with Domino’s Pizza International. Read the full story
Posted in Business, General, Iceland, International, Lifestyle, MBLComments (6)
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