A kitchen area at Hlemmur Square. Rates for a hostel bed start at 2,500 Icelandic kronur, or $22 at 113 kronur to the dollar; hotel rooms, from 20,000 Big News Network, 2 months ago
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Landsbankinn hf, the state-created successor to failed Icelandic lender Landsbanki Islands hf, said 2013 profits rose 13 percent as adjustments in valuations pushed up interest income. Net income rose to 28.8 billion kronur ($255.5 million) from ...BusinessWeek, 5 days ago Arion Bank's 2013 Profit Slides as Funding Costs, Taxes Increase BusinessWeek, 1 week ago Islandsbanki Profit Dips as Operating Income Slows, Yahoo! Singapore, 2 weeks ago
(Updates with comment from analyst in sixth paragraph.) Feb. 21 (Bloomberg) -- Iceland advertised the position of central bank governor after the current incumbent Mar Gudmundsson questioned the government's intention to push through the world's ...Washington Post, 2 weeks ago
Iceland advertised the position of central bank governor after the current incumbent Mar Gudmundssonquestioned the government's intention to push through the world's biggest household debt relief program. The government revealed its plan in a ...BusinessWeek, 2 weeks ago
Iceland's government is considering potential changes at the central bank, arguing its current leadership has failed in boosting confidence in the nation's recovery amid a dispute over household debt relief. The government is looking at ...Bloomberg, 2 weeks ago
Iceland's guarantee fund is bracing itself for a battle it says may last years after the U.K. and the Netherlands brought new lawsuits over depositor claims equivalent to almost half the island's gross domestic product. It may take one or two ...Yahoo! Singapore, 3 weeks ago Iceland Girds for Battle as Lawsuit Targets Half $14 Billion GDP BusinessWeek, 3 weeks ago
Five years after the Icelandic banking crisis the country's largest companies are turning away from the krona by funneling profits into investments that can easily be sold abroad, according to Heidar Gudjonsson, managing director of investment ...Yahoo! Singapore, 1 month ago
Iceland's special prosecutor indicted two former executives of Landsbanki Islands hf for fraud in signing bank guarantees in violation of the lender's rules before its collapse in 2008. Former Chief Executive Officer Sigurjon Arnason and ...Yahoo! Singapore, 1 month ago
Iceland is contemplating setting up a system that resembles Denmark 's mortgage market even as financial regulators in Copenhagen seek ways to crack down on lending policies amid soaring household debt loads. Setting up a Danish-styled mortgage ...Bloomberg, 1 month ago
More than five years after its biggest banks defaulted on $85 billion, Iceland's government is refusing to speak to the hedge funds and other creditors that are still trying to get their claims paid out. The island, which the International ...Bloomberg, 1 month ago Iceland Traps Hedge Funds in Refusal to Discuss Bank Claims Washington Post, 1 month ago
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