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

Sigurdur Einarsson, former chairman of Kaupthing Bank, and Robert Tchenguiz, who was the now-defunct bank’s biggest customer, were both arrested this morning in London in a joint operation by the Serious Fraud Office and Iceland’s Special Prosecutor into the banking crash. Read the full story

The special prosecutor’s office in Iceland yesterday carried out house searches in co-operation with the UK’s Serious Fraud Office. There were eight house raids in Iceland and four in the UK relating to the dealings of Exista hf. Read the full story

The British Serious Fraud Office (SFO) is looking into the affairs of the old Icelandic banks and hopes to soon decide whether or not a formal investigation into illegal activities will be launched. Read the full story