REYKJAVIK (Reuters) - Iceland took over its second largest bank, propped up a battered currency and sought on Tuesday a 4 billion euro ($5.44 billion) loan from Russia to help tackle a crisis ...

Iceland's longest serving prime minister, who who headed the central bank at the height of the 2008-2009 financial crisis, said Sunday he will run for president this year. David Oddsson, 68, will ...

HELSINKI, Aug 23 (Reuters) - Iceland's central bank on Wednesday raised its key policy interest rate by 50 basis points to 9.25%. The Bank of Iceland has been tackling inflation since mid-2021 by ...

COPENHAGEN, May 24 (Reuters) - Iceland's central bank raised its key policy interest rate by 1.25 percentage point to 8.75% on Wednesday and said underlying inflation is still increasing. "The outlook ...

REYKJAVIK, Iceland (AP) — A European court on Monday cleared Iceland of wrongdoing over its refusal to repay depositors’ money lost in the country’s 2008 banking collapse. The Luxembourg-based ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Established in 2002 as a fully licenced bank in Iceland, Kvika ...

Kaupthing is generally characterized as Iceland’s most aggressive bank. Its strategy can be traced to 1996, when it decided that it would no longer simply be an Icelandic bank and redefined its market ...

Iceland’s government has announced that Mar Gudmundsson, a senior Bank for International Settlements official, will be its new central bank chief. Gudmundsson, a Cambridge University economics ...