Watchdog: ‘Icelandic banks dealing with uncertainty, risk’
Iceland’s financial whistleblowing agency has said that state-backed Icelandic banks are operating under uncertainty and a number of risks.
Too early to predict Iceland foreign currency loans impact on banks
The head of Iceland’s FME financial regulator says it is still too early to tell if the government will need to provide financial assistance to ...
Kings of Icelandic debt revealed
Jon Asgeir Johannesson and his family owed the Icelandic banks around ISK 300 billion (USD 2.3 billion at today’s rate). His parents owed ISK 60 billi...
Icelandic banks deliberately weakened krona before collapse
Short trading by the banks against the Icelandic krona amounted to around ISK 1,000 billion (USD 7.93 billion at today’s rate) right before the bankin...
UK SFO Iceland trip bearing fruit
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 investi...
Joly satisfied with Iceland investigation – but not overjoyed
Eva Joly, special adviser to Iceland’s banking collapse investigation says she is pleased with the way the investigation into origins of the economic ...
New Government Agreement regarding Icelandic Banks
The government introduced an agreement with the bank’s resolution committee at a press conference today which was held in the National Theatre i...
Iceland banks privatised again within five years?
Iceland’s Prime Minister, Johanna Sigurdardottir said today that the state should not stay in control of the banks a day longer than is strictly neces...