EU banks will be required to clear Nkr swaps – Norwegian banks currently are not
Foreign banks in US must set up holding companies with ring-fenced capital
Justice in slow motion
Most of the cases linked to the 2008 crisis have not reached court yet, says Iceland’s special prosecutor.
Iceland returns to market with $1bn 5yr deal
Credit analysts predict drop in credit default swap spreads under new bank resolution regimes
Two arrested amid investigation into Kaupthing collapse say raids were a publicity stunt
By: René Kallestrup, Danmarks Nationalbank, Copenhagen Business School; David Lando, Copenhagen Business School
The International Energy Agency (IEA) slashes global oil demand for 2009 and 2010, following questions over the health of the global economy, weaker-than-expected data from Asia and the Middle East, and repercussions from the volcanic ash cloud and the...
Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
Reforming state pensions is a top priority in Europe as governments attempt to plug huge deficits exacerbated by the global financial crisis. Andrew Sheen examines the current state of European pensions
Daily news headlines
Fears over the strength of the Icelandic banking system have caused the wholesale system to shut on Icelandic banks, prompting the country’s central bank to hike interest rates to record levels. At first sight, the initiative appears to have worked,...