27 May 2021The Icelandic State Financial Investments, “ISFI” (Bankasýsla ríkisins), on behalf of the Treasury of Iceland, and Íslandsbanki hf., have confirmed their intention to proceed with the next step towards an initial public offering (IPO) and listing of shares in Íslandsbanki on Nasdaq Iceland.
31 Mar 2017Fashion designer and former owner of the Karen Millen brand, Karen Millen was just declared bankrupt over unpaid tax. Miller claims to be victim of fraud by collapsed Icelandic bank Kaupþing.
26 Oct 2016International credit rating agency S&P Global Ratings has in the past few days raised the credit rating of all three of Iceland’s major banks.
6 Oct 2016Iceland’s Supreme Court has return a guilty verdict for all nine defendants in the Kaupþing market manipulation case, the court trial for which began in April 2015.
29 Aug 2016Plans are afoot at Icelandic holding company Kaupþing to shower “key employees” with bonuses of up to ISK 100 million (approx. €765,000) each.
15 Aug 2016Iceland is becoming an ever more expensive proposition for British tourists as the pound sterling (GBP) continues its sharp fall against the Icelandic króna.
2 Jun 2016Father-and-son team Björgólfur Guðmundsson and Björgólfur Thor Björgólfsson are linked to at least fifty of the offshore companies featured in the recently leaked ‘Panama Papers’.
1 Jun 2016Governor of the Central Bank of Iceland Már Guðmundsson has announced that “the objective is to be able to take decisive steps in lifting capital controls this autumn”.
25 Apr 2016Iceland will not get a better chance to successfully lift capital controls than now, the Head of the Central Bank of Iceland has told Icelandic MPs.
16 Mar 2016Head of the Central Bank of Iceland Már Guðmundsson has hinted at a big announcement regarding the lifting of capital controls in Iceland at the Bank’s AGM tomorrow.
15 Mar 2016Iceland’s bank system and parliament have come bottom of a survey asking the public how much they trust various institutions and official bodies.
10 Feb 2016“How did Iceland clean up its banks?” is the headline of an article published by the BBC this morning looking into Iceland’s financial crash in 2008 and developments since.
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