Haarde in Dublin: Ireland worse than Iceland
Former Icelandic Prime Minister Geir H. Haarde visited Ireland last week with bad news for the ‘Celtic Tiger’, saying its economy will shrink more tha...
Iceland and Darling: post-match analysis
The Icelandic media have naturally been paying a lot of attention to the British parliamentary committee’s conclusions on the Icelandic banking collap...
SPRON branch network sold
The SPRON resolution committee has reached an agreement on the sale of SPRON’s branch network. Hlynur Jonsson, the head of the resolution committee, c...
Sparisjodabanki gets new leadership
Iceland’s Financial Supervisory Authority (FME) took the decision on Thursday to remove the board of Sparisjodabanki (formerly IceBank), which was put...
Commerce minister: Icelandic super-bank not a good idea
Gylfi Magnusson, Iceland’s Minister of Commerce is not excited by the possibility of merging the banking sector so that one super-bank could have over...
Iceland seeks advice from world known expert in financial affairs investigations
The Government of Iceland has appointed Norwegian-French Magistrate Eva Joly as a special adviser on the investigation of cases linked to the country’...
Biggest remaining Icelandic bank nationalised
PRESS RELEASE FROM STRAUMUR BURDARAS BANK: In spite of its strong capital position and the support of funding banks Straumur Burdaras Investment bank ...
Foreign Consultants Engaged to Represent State Interests
PRESS RELEASE FROM THE PRIME MINISTER’S OFFICE: At a meeting held on 3 February, the Government of Iceland approved a proposal from the Prime Mi...