We’ve got enough to worry about ourselves, people will undoubtedly think. But thanks to Landsbanki’s Icesave arm, about 300,000 people in the UK will be affected by the bank’s collapse into ...

Commenting on the Icesave referendum of 6 March, which saw Icelanders reject a deal to reimburse the British and Dutch governments for deposits lost in Icesave online savings accounts when Iceland ...

Iceland's cabinet met on Friday (26 February) to decide its next move in the 'Icesave' debt debacle after talks collapsed with Britain and the Netherlands, raising the prospect of an indefinite ...

The freezing order against Landsbanki, which owns failed internet bank Icesave, was issued under the 2001 Anti-Terrorism, Crime and Security Act. The move threatens to drag down British-Icelandic ...

Previously, they had been criticised for growing entirely on wholesale funding and not taking deposits. So they said ‘ok, we’ll take deposits’ and opened Icesave. They were operating under the EU ...

Even individuals that were not in finance played the game: the Netherlands and the UK in particular made deposits with Landsbanki under what was known as ‘Icesave’. “In essence, after the rapid ...

In February 2008, MoneyWeek contributor James Ferguson warned readers to stay away from Kaupthing and Icesave, despite their 6%-plus interest rates. "If it's Icelandic, then be afraid; these banks ...

Glitnir Bank is not much better and even Landsbanki (owner of the popular Icesave internet banking business) has to pay the credit markets 6.0% more than risk-free rates and 4.2% more than ING ...