Iceland president buys Borgarnes distillery
President and founder of Iceland supermarkets in the UK, Malcolm Walker, has been revealed as the main investor behind the purchase of Catco Vín ehf. ...
Iceland Special Prosecutor brings criminal charges against former Glitnir Bank CEO
Iceland’s Special Prosecutor into the banking crash has formally charged Lárus Welding, the former CEO of now-bankrupt Glitnir Bank. Charges wer...
Glitnir Bank chiefs held in Iceland embezzlement investigation
Lárus Welding, the former CEO of now-defunct Icelandic bank Glitnir, is one of three people arrested and remand in custody yesterday as part of the Sp...
Glitnir suspects’ assets still frozen
The domestic assets of Icelandic tycoon Jon Asgeir Johannesson are still frozen, despite the Director of Customs having retracted an asset freezing re...
Glitnir to announce Q2 financial results
Glitnir Bank will announce its financial results for the first half of 2008 on Friday 1st August. Larus Welding, CEO, will present Glitnir’s res...
Former CEO of Glitnir Bank invests in Glitnir Property Holding
Bjarni Ármannsson, former CEO of Glitnir Bank, signed an agreement, after closing of market on Friday 21st of December, to buy 12% of Glitnir Property...