Nowhere was hit as hard by the credit crisis as Iceland, but as the country rebuilds its economy and banking sector, it is determined to learn from this harshest of lessons.
Latest articles from Banker Editor
Sir Winfried Bischoff
October 5, 2009Sir Winfried Bischoff, chairman of Lloyds Banking Group
The UK is positioned to play a key role in assisting the development of new and emerging financial centres.
The FX factor
October 5, 2009FX prime brokerage is a mysterious financial service. Natasha de Terán talks to experts in the field to clarify exactly what it is, its place within a bank's portfolio, and what it can offer clients.
The Banker Investment Banking Awards 2009
October 5, 2009What a difference a year makes. When The Banker's Investment Banking Awards were held last year, Lehman Brothers had just imploded, markets were closed and banks were more focused on survival than on performance or creativity.
New banks set to enter UK market
October 5, 2009Expertise: Sir Peter Burt is being touted to lead new bank set up by Panmure sage Sandy Chen
A new retail bank is set to be created by a team of London professionals, who are in talks to raise more than £100m ($163m) through a listing in the capital.
Muted crisis impact has Bahrain thinking ahead
October 5, 2009H E Rasheed Al-Maraj, Governor, Central Bank of Bahrain
The malaise that has hit the world's economies has left Bahrain relatively unscathed, leaving the country to concentrate on its Islamic finance offerings.
An investor's perspective
October 5, 2009The Bracken column is named after Brendan Bracken, the founding editor of The Banker in 1926 and chairman of the modern-day Financial Times from 1945 to 1958.
During the past two years, investors have faced one of the most challenging environments in living memory. When confidence in banks falters and markets crash, equity and debt investors are left asking: what will aid recovery and help prevent another crisis? We would argue that changes to financial disclosure and reporting are required. Specifically, investing in banks continues to be complicated by inconsistent accounting rules, fragmented regulation and less confidence in management to deliver.
Bent Flyvbjerg
October 5, 2009Evidence suggests that infrastructural stimulus initiatives often detract from the economy in the long term.