The former boss of Glitnir Bank has been formally indicted for tax evasion, Icelandic officials announced on Monday 4 February. Charges against Bjarni Armannsson, who resigned as the failed lender’s chief executive in 2007 prior to the country’s banking collapse, were officially filed on 17 December, according to a Bloomberg report issued on Monday.
Tag Archive | "islandsbanki"
Former Glitnir Bank head indicted in Reykjavik
Posted on 06 February 2013.
Posted in Business, Finance, IcelandComments (0)
Icelandic Króna has bad few days despite exchange restrictions
Posted on 23 February 2012.
Temporary capital flow out of Iceland is the reason for the króna’s marked depreciation in the last few days, according to an analysis expert at Íslandsbanki.
Posted in Business, Featured, Iceland, International, MBL, SocietyComments (1)
63 jobs shed at Íslandsbanki
Posted on 30 November 2011.
16 men and 26 women were yesterday made redundant from Íslandsbanki bank in Iceland. A statement from the bank says the redundancies are an unavoidable consequence of its recent government-mediated merger with the troubled BYR savings bank. In addition to the redundancies a further 21 employees will leave the company in a combination of retirements [...]
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Former Icelandic business tycoon set to reach debt deal with bank
Posted on 12 November 2011.
Karl Wernersson, the controversial Icelandic investor and former majority owner of the holding company Milestone, has completed a debt review with Islandsbanki and will in all likelihood be allowed to keep his Lyf og Heilsa chain of pharmacies — to the dismay of many.
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Islandsbanki wins audience choice award at geothermal energy conference
Posted on 28 October 2011.
On Wednesday 26th October, Islandsbanki and Glacier Securities won the ‘Best in Show’ audience choice award for its booth at the geothermal energy conference, Geothermal Energy Expo in San Diego, California. This annual event is the largest geothermal energy conference and exhibition held in the United States.
Posted in Business, Energy, Environment, General, Iceland, International, Society, United StatesComments (2)
Glacier Securities predicts strong future for geothermal energy industry in the U.S.
Posted on 24 October 2011.
Glacier Securities, a subsidiary of the Icelandic bank Islandsbanki, has predicted a strong future for the geothermal energy industry within the U.S., despite temporary set backs over the past couple of years.
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Geothermal energy conference to see participation from Islandsbanki
Posted on 23 October 2011.
The geothermal energy conference, Geothermal Energy Expo and the GRC Annual Meeting, both taking place today until October 26th 2011 in San Diego, California, will see participation from the Icelandic bank Islandsbanki for the fifth time running; highlighting the bank’s commitment to the geothermal energy industry in the United States.
Posted in Business, Energy, Environment, General, Iceland, International, United StatesComments (2)
Icelandic pension funds buy into troubled oil company
Posted on 13 September 2011.
The Enterprise Investment Fund of Iceland has purchased a 15.8 percent share in the country’s biggest oil company N1, from Islandsbanki and its deceased predecessor, Glitnir Bank.
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