The local council in Wiltshire, England, has been compensated for almost half of its losses suffered in the 2008 banking crash in Iceland.
Tag Archive | "Landsbanki"
Local council in England recoups more losses from Iceland banking collapse
Posted on 20 October 2012.
Posted in Business, Finance, Iceland, United KingdomComments (1)
Iceland’s Landsbanki looks to sell off Hamleys to French toy giant
Posted on 12 July 2012.
Icelandic bank Landsbanki is reportedly negotiating a deal to sell Hamleys toy retailer to its larger France-based counterpart.
Posted in Business, General, Iceland, MBL, United KingdomComments (0)
Iceland has been sold
Posted on 12 March 2012.
The resolution committee of Old Landsbanki in Iceland has sold the bank’s entire stake in UK retail chain Iceland Foods.
Posted in Business, Featured, Holland, Iceland, MBL, United KingdomComments (0)
Old Landsbanki to sue PriceWaterhouseCoopers for ‘deliberate’ auditing errors
Posted on 11 March 2012.
The resolution committee of the failed Icelandic bank Old Landsbanki has subpoenaed the international auditing firm PriceWaterhouseCoopers, accusing the company of creating wrong annual accounts which misled the markets. The committee’s damages claim runs to hundreds of millions of krónur.
Posted in Business, Featured, Iceland, International, MBLComments (2)
Iceland Foods purchase contract written up
Posted on 16 February 2012.
The resolution committees of Old Landsbanki and Glitnir have agreed a sale contract for the British supermarket chain Iceland Foods. The company’s founder and chairman now looks set to take over as sole owner and part of the sale price will be loaned from the old Icelandic banks.
Posted in Business, Featured, Iceland, MBL, United KingdomComments (0)
Iceland Foods bids in, US Republican candidate connected to one
Posted on 05 February 2012.
Offers on the British supermarket chain Iceland Foods are close to the value which the resolution committee of failed Icelandic bank Old Landsbanki had hoped for. The likely Republican presidential candidate in the USA is connected to one of the bidding investment funds.
Posted in Business, Featured, Holland, Iceland, MBL, United Kingdom, United StatesComments (0)
UK and NL receive first Icesave refunds, ESA still not sure about legal action
Posted on 09 December 2011.
The estate of Iceland’s bankrupt Landsbanki bank this week paid the British and Dutch governments one third of the money they claim for having bailed out Landsbanki’s Icesave customers in the two countries. An ESA spokesman said that there still has not been any decision made as to whether or not the Icelandic state will [...]
Posted in Business, Featured, General, Holland, Iceland, MBL, Politics, United KingdomComments (0)
Gordon Brown to start blogging for Landsbanki
Posted on 17 November 2011.
Former British Prime Minister Gordon Brown is one of the big names due to start blogging on a new discussion forum run by Iceland’s Landsbanki bank. Brown is still affectionately-known in Iceland as the man who branded Landsbanki a terrorist organisation and destroyed Iceland’s economy
Posted in Business, Featured, General, Iceland, International, MBL, Politics, United KingdomComments (0)
