Iceland nationalises Straumur-Burdaras

Author (Person)
Series Title
Series Details 10.3.09
Publication Date 10/03/2009
Content Type

Article reports that the global financial crisis claimed a clean sweep of Iceland’s largest banks, March 2009, after Straumur-Burdaras, the last of the big four to remain standing, finally succumbed to the pressure and was nationalised.

Related Links
BBC News, 9.3.09: Icelandic bank loses independence http://news.bbc.co.uk/1/hi/business/7932182.stm
Website: Straumur http://www.straumur.net/
Straumur: Press Release, 9.3.09: The Icelandic FSA decision regarding Straumur-Burdaras Investment Bank hf. http://www.euroinvestor.co.uk/news/story.aspx?id=10194220

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