Iceland
Europe’s countercyclical buffers buck recession trends
Almost half of EBU’s members have set out CCyB hikes; five plan two or more before mid-2023
Justice in slow motion
Justice in slow motion
Iceland still investigating over 70 crisis cases
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
Iceland returns to market with $1bn 5yr deal
Resolution regimes could cause bank CDS spreads to tighten
Credit analysts predict drop in credit default swap spreads under new bank resolution regimes
SFO under pressure over Kaupthing investigation
Two arrested amid investigation into Kaupthing collapse say raids were a publicity stunt
IEA cuts global oil demand for 2009 and 2010
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…
Iceland’s “grossly negligent” central bankers caused collapse: report
Much awaited parliamentary report singles out seven individuals including Icelandic central bank’s governing board trio as responsible for 2008 collapse of banking sector
A race against the future - how governments are tackling the issue of rising state pension costs
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
Ice storm
Iceland
Isda launches CDS protocols for Icelandic bank settlement
Daily news headlines
Catching a cold
Liquidity Risk
Can the Icelandic meltdown be avoided?
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, with…