HBOS / Íslandsbanki / Landsbankinn / SPRON / SpKef / Kaupthing Bank / Teris / Lloyds Banking Group / Arion Bank / Saga Investment Bank / Arion Custody Services / Lýsing / Icelandic State Financial Investments / SP / /
Country
Norway / United States / Iceland / United Kingdom / Sweden / Finland / Denmark / /
Currency
ISK / /
Event
M&A / Reorganization / /
Facility
Institute of Regional Development / /
IndustryTerm
increased technology / centralised processing / retail banking services / norske bank / merged bank / payment processing / conventional commercial banking activities / developed banking markets / bank / savings banks / Bank mergers / maintenance services / bank takeovers / bank ownership / larger banks / bank owners / investment banking operations / secure payment processing / /
MarketIndex
Iceland and above / /
Organization
Norway’s Competition Authority / DnB / Many government / EU Commission / UK Independent Banking Commission / UK government / European Union / Housing Financing Fund / OECD / Institute of Regional Development / /
1. Introduction One of the factors that will play a key role in the resurrection of the Icelandic economy is the manner in which financial activities will be conducted here. Conditions in financial