Topic: Kaupthing Banki Hf

ING Direct UK -The UK counterpart of ING Group, has taken over ?3billion worth of savings accounts from Icelandic banks Kaupthing Edge and Heritable Bank. Chancellor Alistair Darling issued a statement in the House of Commons yesterday afternoon stating that the savings ...

UK savers go cool about overseas high rates

Seventy-seven per cent of savers say they will not bank abroad again after 300,000 Icesave customers faced the frightening prospect - now averted - of losing some or all of their money last week. These include Icesave, its Icelandic rival Kaupthing, Nigerian ...