Over 100 expat Landsbanki Guernsey depositors have joined forces to raise awareness of "unsafe" Guernsey and their lost savings to the G20 nations.
Members of the group say they are "thoroughly disillusioned" with the Guernsey government and argue it has done "next to nothing" to recover their savings. They hope lobbying G20 leaders will put pressure on the UK and Guernsey governments to resolve the situation where depositors in the failed subsidiary of the Icelandic bank are still without 70% of their savings. The Landsbanki G20 Action Group is solely for expats and is independent of Landsbanki Guernsey Depositors Action Group (LGDAG) but shares many members. "We will take any action to show Guernsey up in the world markets for ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes