Topic: Glitnir Banki hf
REYKJAVIK (Reuters) - Iceland's special prosecutor arrested the former chief executive of Glitnir Bank on Wednesday and questioned nearly two dozen people related to the collapse of the bank in 2008.Glitnir Bank was the first of Iceland's top three commercial ...
Posted on 06/10/11 at 6:45am by Monica Gerson . Iceland Foods reported a 15% surge in its full year pretax, pre-items profit on Friday.....
No stone will be left unturned in a probe into the 2008 collapse of Iceland's major banks, anti-corruption investigator Eva Joly told Icelandic media."There is nothing we won't look into," the Norwegian-French magistrate, who once spearheaded a probe into ...
Iceland bank Glitnir accuses former shareholder, CEO, and PwC of fraud in lawsuitAn Icelandic bank that collapsed during the financial crisis sued its former chief executive, leading shareholder and other former directors, saying that they stole from the bank.The lawsuit, filed ...
More than a year and a half after Iceland's major banks failed, all but sinking the country's economy, police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.Since Iceland ...
com] This week, we're podcasting from the Geothermal Conference and Expo in Reno, Nevada. We'll talk with Alexander Richter, Director of Global Research at Glitnir Bank, about some development trends in the U.S. and Iceland.. And lastly, Mike Hayter ...
LONDON (Reuters) - Braced to cut costs when Britain is facing the biggest government deficit in its history, a London council is trying the budget airline approach.Calling the scheme " EasyCouncil" after airlines like orange-liveried EasyJet or Ireland's Ryanair, Conservative-run Barnet wants ...
It is shaping up as the disaster of all the financial disasters we have seen so far. Iceland, a country of perhaps 320,000 people, stuck at the top of the world, has become a sort of single point of reference for ...
A $750 million bond issued by Icelandic bank Glitnir, which was due to mature on Wednesday, was not redeemed, Iceland said on Thursday. 'It has not been paid,' said a spokeswoman for the Icelandic Financial Supervisory Authority (FME), which has taken over ...
Iceland's blue-chip shares plunged by more than three-quarters in value when trading resumed yesterday following a three-day shutdown of the stockmarket brought on by the financial crisis.The all-share index fell 66% to 953.14 points, but the OMX 15 suffered ...
