Thu. October 09, 2008
-
Bloomberg
October 9, 2008
``One is from an
Icelandic bank and two are from leveraged
hedge funds.''
Iceland took control of Kaupthing Bank hf, the nation's biggest lender, ...
Forbes
October 9, 2008
In response to developments in the Icelandic banking sector, we would like to make clear that this will have no impact on Baugur's operations or its ...
BBC News
October 9, 2008
A hospice providing long-term care for terminally ill
children and their families has £5.7m invested in one of the troubled
Icelandic banks. ...
National Post
October 9, 2008
But one can hear no peep of opposition today from any western country following
Moscow's offer to lend 4 billion euros to
Iceland. Full Comment reported on ...
Chicago Tribune
October 9, 2008
Iceland plunged further into financial turmoil on Wednesday as the country's third-largest bank went into receivership and the government abandoned attempts ...
International Herald Tribune
October 9, 2008
AP REYKJAVIK,
Iceland:
Iceland's financial turmoil boiled over into a full-blown diplomatic spat on Thursday as the Nordic nation protested
Britain's ...
Bloomberg
October 9, 2008
By Robert Hutton Oct. 9 (Bloomberg) --
Gordon Brown said the
UK will freeze the assets of
Icelandic
companies, escalating a row over who should compensate ...
Sky News
October 9, 2008
Bloomberg
October 9, 2008
Forbes
October 9, 2008
London -
Iceland is getting closer to becoming the first nation to go bankrupt as a result of the subprime
mortgage crisis and resulting squeeze on lending. ...
guardian.co.uk
October 9, 2008
The prospect of a lifeline for the councils was floated after the LGA warned that more than 20 local councils had deposits with one of Iceland's largest ...
Times Online
October 9, 2008
Iceland has taken control of its biggest bank, Kaupthing, in a move which puts most of the Icelandic banking system under state control. ...
Times Online
October 9, 2008
Iceland's central bank abandoned all attempts to shore up its battered currency last night as the country prepared to start loan talks with
Russia and tried ...
Edmonton Sun
October 9, 2008
REYKJAVIK --
Iceland plunged further into
financial crisis yesterday as it scrapped plans to nationalize a major bank, instead placing it into receivership. ...
Reuters
October 9, 2008
At the centre of a financial hurricane which has claimed several of the world's biggest banks, Iceland's prime minister has warned of the risk of national ...
Times Online
October 9, 2008
Dozens of local councils risk losing hundreds of millions of pounds of taxpayers' money held in Iceland's stricken banks. Town halls across the country may ...
Forbes
October 9, 2008
STOCKHOLM, Oct 9 (Reuters) - Iceland's President Olafur Ragnar Grimsson had a successful heart procedure on Monday and left the hospital the day after, ...
Chicago Sun-Times
October 9, 2008
In Iceland, they are "too big to save." Therein lies a problem for a peaceable country near the Arctic Circle, far north of the world's tension line. ...
Bloomberg
October 9, 2008
Other local authorities known to have lost money included Kent County Council, south of
London, which had 50 million pounds invested in
Iceland, ...
The Australian
October 9, 2008
Iceland'S descent into financial chaos accelerated last night as the Government took over a third bank - the country's largest, Kaupthing - and trading on ...
BBC News
October 9, 2008
The predictable element in Iceland's failure is linked to the actions of its central bank. Over the past years, Iceland has pursued a policy of inflation ...
Telegraph.co.uk
October 9, 2008
Hundreds of British jobs are under threat after the Kaupthing, Singer and Friedlander, the
UK division of
Iceland's largest bank, ...
Financial Post
October 9, 2008
Glitnir Banki HF, the
Icelandic bank that had agreed to provide $25-million in debt financing, fell into receivership after the
Icelandic government ...
guardian.co.uk
October 9, 2008
But things could be worse - we could be in Iceland. The one thing apparently keeping that country's tottering economy from complete collapse is an influx of ...
Reuters UK
October 9, 2008
By Niklas Pollard and Omar Valdimarsson STOCKHOLM/REYKJAVIK (Reuters) - The Icelandic central bank abandoned efforts to defend the country's currency on ...
Independent
October 9, 2008
Mr Tchenguiz sold his 10 per cent stake in Sainsbury's, the grocer, at 250p a share through Kaupthing, the troubled Icelandic bank. ...
BBC News
October 9, 2008
Iceland's largest bank, Kaupthing, has become the third financial
institution to be taken over by the country's government in the past week. ...
Reuters
October 9, 2008
IC: Quote, Profile, Research, Stock Buzz) said on Thursday its board had resigned as
Icelandic authorities took control of the bank, bringing most of the ...
Telegraph.co.uk
October 9, 2008
Landsbanki, Iceland's second largest bank, collapsed this week. It also owned Icesave, an internet bank with 300000 British customers. ...
The Age
October 9, 2008
Britain took legal action against
Iceland yesterday seeking to recover money belonging to British customers threatened with losing their savings in frozen ...
Reuters
October 8, 2008
London, Oct 8 (Reuters) - British local authorities called on the government on Wednesday to protect investments made by at least 20 councils in
Iceland's ...
Reuters UK
October 8, 2008
By Niklas Pollard and Omar Valdimarsson STOCKHOLM/REYKJAVIK (Reuters) -
Iceland's fast-moving
financial crisis deepened on Wednesday as the government ...
Forbes
October 8, 2008
Germany,
Ireland and Nordic countries like
Denmark and
Iceland have promised to guarantee all bank deposits;
Spain announced a 30 billion-
Euro ($40.9 ...
Reuters
October 8, 2008
REYKJAVIK, Oct 8 (Reuters) -
Iceland's prime minister said on Wednesday negotiations on a loan from
Russia would start next Tuesday.
Iceland said on Tuesday ...
Reuters India
October 8, 2008
By Niklas Pollard and Omar Valdimarsson STOCKHOLM/REYKJAVIK (Reuters) -
Iceland's fast-moving
financial crisis deepened on Wednesday as the government ...
Bloomberg
October 8, 2008
Rejected by its Western allies,
Iceland yesterday said it was in talks to borrow 4 billion euros ($5.4 billion) from
Russia to shore up its financial system ...
guardian.co.uk
October 8, 2008
NEW YORK, Oct 8 (Reuters) - Moody's said on Wednesday it downgraded Iceland's credit rating three notches to "A1" from "Aa1" on concerns the government's ...
Reuters UK
October 8, 2008
REYKJAVIK (Reuters) - Iceland's central bank said on Wednesday it had abandoned an effort to hold its currency at a set rate as there was not enough support ...
Reuters
October 8, 2008
REYKJAVIK, Oct 8 (Reuters) - Icelandic investment group Novator said on Wednesday it is not in talks to sell any of its assets, and does not feel any ...
