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GLITNIR BANK
Icelanders run out of cash to repay debtsThe government’s biggest challenge is to allow capital to flow freely without triggering a krona sell-off that would cause Iceland’s foreig...- Bankers jailed, sued as Iceland seeks culprits for financial collapseIceland's police have begun rounding up a number of top bankers while other former executives and owners face a two-billion-dollar lawsuit.
- ESSEL Propack sets sights on UK's BettsESSEL Propack, a laminated tube maker catering to oral care and FMCG products worldwide, is exploring the option of picking up a controllin...
- Could Iceland's crisis have been averted?As Iceland struggles to stave off bankruptcy after the collapse of its financial sector, banks and the government have pointed the finger a...
- Irish mortgage lender writes off Iceland lossesIreland's major mortgage provider, Irish Life & Permanent PLC, slashed its profit forecast on Wednesday chiefly because of lost investments...
- Bring in the women...When The Chips Are DownMen make the mess and the women come in to clean it up.
- Icelanders vent fury as country seen headed for bankruptcyHundreds of Icelanders vented their fury Friday at central bank chief David Oddsson, the man blamed for the country's financial collapse, a...
- Govts step up action to thaw credit freezeGovernments rushed out new emergency measures in a desperate bid to staunch underpin confidence on Thursday, rallying shell-shocked markets...
- Iceland at risk of national bankruptcysuspended trading on its stock exchange for two days and took control of the country's largest bank _ the third to be placed under its prot...
- UK councils prepare for possible Icelandic lossesBritain's local government authorities are planning to ask for temporary tax breaks from the national government as they brace for potentia...
- Iceland takes control of third bankIcelandic govt took control of the country's largest bank, Kaupthing, on Thursday as it struggled to prevent an all-out collapse of its ban...
- Iceland government nationalises biggest bank KaupthingIceland's government has nationalised the country's biggest bank, Kaupthing, financial authorities said on Thursday after the two other big...
- Europeans scramble to save failing banksNone of the banks, including the European Central Bank and Bank of England, have commented on potential rate hikes or cuts. 2008: Year of g...
- Crisis deepens in Europe, Irish govt guarantees bank depositsThe Ireland administration on Tuesday announced a guarantee with immediate effect to safeguard deposits of country's banks in a bid to cush...
- Iceland government buys 75 per cent of struggling bankIceland's government today said that it would buy a 75 per cent stake in the country's third-largest bank Glitnir, a temporary move to ease...
- Glitnir to open India office this yearIceland-based banking major Glitnir is gearing up to open its first office in the country this year.
- RBI unlikely to allow further liberalisation of foreign banksRBI is unlikely to allow foreign banks in the country to expand freely by increasing branch networks or acquisition of a private sector ban...
- NTPC, Bharat Forge tie up for Rs 3,000 crore equipment JVThe 51:49 joint venture, where Bharat Forge would hold the majority shareholding, will manufacture castings and forging for power plants.
- LNJ Bhilwara, Glitnir Bank form JV for power plantsLNJ Bhilwara Group on Wednesday announced setting up of a 60:40 joint venture with Iceland-based Glitnir Bank to develop geothermal power p...
- Geothermal power on Bhilwara's radarBhilwara Energy is on a power drive. It’s firming up plans to set up 200-MW geothermal power plants in the country at an investment of arou...
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