Financial Times 26 Sep 13: Iceland’s bank creditors frustrated after lack of dialogue

Creditors in Iceland’s failed banks are becoming increasingly frustrated at the unwillingness of the government in Reykjavik to negotiate, five years after the collapse of the country’s financial system.

International investors are trying to recover some of the estimated IKr2,800bn ($23bn) of assets that the three big failed banks – Kaupthing, Glitnir and Landsbanki – hold.

...

read article here

Hits: 1087