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Finance

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Former Kaupthing bosses charged with fraud

  The former chief executive and chief financial officers of Kaupthing have been charged with fraud and breach of trust by Iceland’s special pros...

BusinessJuly 13, 2014
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Iceland plans euro bond sale

Iceland is planning to sell its first euro bond since 2006, moving away from the US dollar funding it has been dependent on since its economy crashed ...

EconomyJuly 10, 2014
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Icelandic premier says LBI will not be exempt from restrictions

Iceland Prime Minister Sigmundur Davíð Gunnlaugsson has insisted that failed bank LBI hf will not be exempt to the country’s capital controls.

IcelandMay 27, 2014
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Iceland homeowners get welcome boost

Iceland says it has launched a debt cancellation initiative for mortgage holders which is likely to benefit half the households in the country.

IcelandMay 21, 2014
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Iceland advised to drop bank creditor programme

Iceland must take a stronger stance on world creditors as its failed banks aim to safeguard the failed króna in a planned exit from a six-year capital...

IcelandMay 11, 2014
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Landsbanki suffers homes for loan repayment setback

Icelandic bank Landsbanki has suffered a setback after its Luxembourg branch lost an appeal against French authorities seizing debts of clients who lo...

BusinessApril 3, 2014
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Iceland: Central bank governor could be replaced

Iceland has advertised the central bank governor position after current governor Már Guðmundsson questioned the government’s decision to go ahead with...

IcelandFebruary 27, 2014
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Iceland prosecutor indicts ex-Landsbanki executives over loans

Two former Landsbanki chief executives have been indicted by Iceland’s special prosecutor for allowing it to guarantee loans despite lacking sufficien...

IcelandFebruary 5, 2014
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