The bank (formerly Glitnir banki), which offers personal, corporate, and investment banking services, was taken over by the Icelandic government in October 2008; it acquired a 75% stake for some €600 million. The bank restructured and reverted to a former moniker to mark a fresh start. It retained its domestic operations and assets, including its branches, service centers, ATMs, and online banking system. However, the bank sold off its Finnish, Norwegian, and Swedish subsidiaries. Its remaining international operations in Canada, China, Russia, the US, and the UK will no longer function under the newly-nationalized Iceland bank
Atlantic Alarm: EU Loosens Mackerel Limits as Fish Stocks Plunge European Union
Scientists warn of a collapsing population while policymakers pivot under international pressure
The European Union (EU) has approved an increase in mackerel catch quotas in the North Atlantic, trigg...
Northern cod rebounds and reignites the fishing economy Canada
After decades of collapse, the species shows solid signs of recovery and sparks debate over the future of sustainable fishing in Canada.
NEWFOUNDLAND AND LABRADOR – The fishing industry in At...
ISB - Islandsbanki hf
Personal Profile
Branches:
Shareholder/Associate at:
Print
