Latest articles from Iceland

Out with the old

March 10, 2009

The new chief executive of Iceland’s recently nationalised Kaupthing Bank, Finnur Sveinbjörnsson, spoke to Charlie Corbett about what lies ahead for the nation’s crippled banking sector and how the government can restore its credibility.

After the thaw

March 10, 2009

The time for recriminations is over. Iceland’s political and financial system must be rebuilt, and fast, if it is to maintain the quality of life to which its people has become accustomed. EU membership is increasingly regarded as the only viable option but it will be hotly contested. Writer Charlie Corbett in Reykjavik.

Fragile system under pressure

July 1, 2008

An investigation into the credit default swaps market is adding to the Icelandic banking system’s woes, but banks’ soundness and international reach should help them once the storm is over, writes Silvia Pavoni.

Back on an even keel

July 4, 2007

Iceland’s banks insist they have addressed concerns raised over low deposit ratios, a lack of communications and their use of capital markets. Silvia Pavoni reports.

Landsbanki’s dandy Yankees

October 2, 2006

When Landsbanki was criticised for its short-term financing risk, it decided to win back its reputation with two bond issues in the US. Edward Russell-Walling reports on an Icelandic success story.

Iceland’s bankers keep their cool

June 5, 2006

With its overheating economy and rapid growth in the banking sector, how is Iceland likely to fare? The Banker held a round table last month to explore the issues. Michael Imeson reports.

Icelandic masterclass in the art of good public relations

June 5, 2006

Under pressure from rating agencies, Reykjavik’s top financial brass politely make their case – unlike Venezuela’s premier Hugo Chávez.

Cool in the face of crisis

April 3, 2006

On his visit to London last month, Iceland’s prime minister flew into a firestorm as concerns grew over the sharp decline of the krona. But Halldór Ásgrímsson is a man not easily ruffled, as Courtney Fingar found out.

Rising above local problems

April 3, 2006

Uncertainty in the Icelandic market has not perturbed Kaupthing Bank from pressing ahead with its expansion into Europe. Stephen Timewell reports.


January 2, 2006

Mar Sigurdsson, CEO

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