Second Kaupthing CEO wanted by Interpol

clock

Interpol has issued an international arrest warrant for former Icelandic bank chief Sigurdur Einarsson.

Einarsson, who ran the collapsed Kaupthing's bank, told prosecutors he is willing to return to assist the police with their enquiries on condition he is not arrested on arrival. The bank's former co-chief executive Hreidar Mar Sigurdsson remains in police custody, following his arrest last week on suspicion of several offences including embezzlement, falsifying documents and stock and bond trading violations. Iceland's special prosecutor is currently investigating in excess of 20 cases of potential criminal activity connected to Kaupthing and the country's other collapsed banks. Ka...

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

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

Digital natives, critical minds: What Gen Z's scepticism means for the future of wealth management

'The industry faces a radical shift in generational expectations'

Jim London
clock 14 July 2025 • 3 min read
'Unworkable' IHT/pension reform risks undermining Consumer Duty

'Unworkable' IHT/pension reform risks undermining Consumer Duty

‘They’ve smashed complex pensions and complex IHT together’

Sahar Nazir
clock 14 July 2025 • 4 min read
Sector divided on Reeves' pullback on Cash ISA reform

Sector divided on Reeves' pullback on Cash ISA reform

‘A big win for defenders of a broken system’

Sorin Dojan
clock 11 July 2025 • 2 min read