Landsbanki

The final key independent Icelandic bank to fall after the country's financial meltdown in October is being shut down by Iceland's financial authorities.

The final key independent Icelandic bank to fall after the country's financial meltdown in October is being shut down by Iceland's financial authorities.

Guernsey's chief minister has announced surprise plans to take part in a public meeting with Landsbanki Guernsey depositors.

The Court-approved informal Landsbanki Creditors' Committee has praised the Administrators, Deloitte, for 'doing a first class job' in trying to recover lost assets at its first full meeting.

Regulators from Guernsey and the Isle of Man have voiced their disappointment over the FSA's dealing with the jurisdictions at the height of the Icelandic banking crisis.

British expats and those living in Guernsey should be able to open bank accounts on the UK mainland following the collapse of one of Guernsey's high street banks, says Landsbanki Guernsey Depositors Action Group (LGDAG).

The Treasury has stressed responsibility lies with the States of Guernsey to support Landsbanki Guernsey depositors and recover their full savings.

Landsbanki depositors may face even longer delays getting their money from the collapsed bank after the fall of Iceland's coalition government.

The Treasury Select Committee has launched an investigation into the protection of UK savers investing in non-UK jurisdictions, in a bid to identify lessons learnt from the banking crisis.

International savers in Landsbanki Guernsey may be planning 'coordinated demonstrations' against Guernsey's 'lack of appetite' to help depositors recover their savings.