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£7 million job with RBS — no worries

19.08.09
The recruitment by Royal Bank of Scotland of bond trader Antonio Polverino from Merrill Lynch has sent City eyebrows skywards — and not just because RBS, which is 70%-owned by the taxpayer, is rewarding him so handsomely ... more

Veteran Hornbrook out after Chelsea’s troubles

07.08.09
Chelsea Building Society, which suffered a £55 million exposure to the failed Icelandic banks Kaupthing and Landsbanki, announced the departure of its chief executive without naming a replacement ... more

Still counting UK's cost of Icelandic meltdown

08.05.09
A hint of calm, but certainly not normality, is returning to the busted Nordic economy thanks to the International Monetary Fund's $10 billion bailout. But for many UK investors the story isn't over... more

The Met is still out of control - sort it, Boris

07.04.09
In 25 years as a journalist, I have never come across a scandal like the Metropolitan Police losing £30 million of Londoners' money in the Icelandic banking collapse... more

Yard lost £30m after warning to pull out of Icelandic bank

06.04.09
Scotland Yard lost £30million by investing in a flawed Icelandic bank weeks after its financial adviser urged it to pull out... more

Singer to bring Teathers staff in from cold after double blow

19.03.09
Staff have dubbed it “the post-Icelandic support group”. Employees at Mayfair stockbroker Teathers, who have taken a double hit from Iceland’s banking meltdown, are on the verge of getting a new employer: Singer Capital Markets, itself rescued from that country’s chill... more

Icelandic saga takes a new twist for staff of Teathers

19.03.09
Staff have dubbed it "the post-Icelandic support group". Employees at Mayfair stockbroker Teathers, who have taken a double hit from Iceland's banking meltdown, are on the verge of getting a new employer - Singer Capital Markets, itself rescued from the country's chill... more

Teathers at risk after Iceland bank caves in

09.03.09
The future of stockbroker Teathers has been thrown into doubt after the nationalisation of its Icelandic owner, Straumur-Burduras... more

Baugur passes reins to the administrator

06.02.09
Retail: Any last hope Jon Asgeir Johannesson could retain some control over his retail empire died when Baugur was formally placed into administration... more

Hamleys Icelandic investor seeks protection as bank talks fail

04.02.09
Retail: Icelandic holding company Baugur, which has major retail interests in Britain including stakes in House of Fraser and Hamleys has applied for court protection after restructuring talks with its lenders failed... more

ING posts its first-ever loss

12.11.08
Banking: Dutch banking giant ING today reported the first loss since it was formed in 1991, in what was another dismal day for continental financial services firms... more

Councillors fly to Iceland to recover lost millions

11.11.08
Barnet council officials are flying to Iceland in an attempt to recover £30 million tied up in the country's failed banks... more

Oxford University has £30m stuck in Iceland

16.10.08
The full scale of the Iceland bank crash's impact on British institutions is emerging... more

UK loans Iceland £100m to help get our cash back

13.10.08
Alistair Darling has announced moves to allow savers in stricken banks in Iceland to get their money back... more

West Ham owner ready to consider sale

10.10.08
West Ham owner Bjorgolfur Gudmundsson is considering selling the club after the economic meltdown in Iceland wiped an estimated £230million off his personal fortune, and left him facing the possibility of even bigger losses... more

So much for independence of the Bank

09.10.08
So is this the end of the independence of the Bank of England?... more

Government refuses to rescue councils caught in Iceland bank collapse

09.10.08
London authorities will not be reimbursed for the loss of £200 million of taxpayers' cash in the collapse of Iceland's Landsbanki, say Treasury sources... more

London councils suffer from Iceland banking crash

09.10.08
London town halls face raising council taxes and cutting spending in the wake of the Icelandic banking crash... more

Darling blamed as Iceland’s bank troubles spiral

09.10.08
Iceland turns on Britain’s Chancellor Alistair Darling as a third bank is nationalised... more

Hammers safe, says Icelandic chairman

08.10.08
West Ham owner Bjorgolfur Gudmundsson insists the club's finances are secure, despite Iceland's second-largest bank going into administration... more

West Ham chief hit by cash blow

07.10.08
West Ham insist it is business as usual after the bank controlled by the club's chairman Bjorgolfur Gudmundsson went into receivership... more

200,000 UK savers hit by bank crash

07.10.08
More than 200,000 British savers face a fight for their money after a bank collapsed... more

Iceland seeks £3bn from Russia to rescue banks

07.10.08
The Icelandic authorities go cap in hand to Russia for emergency funding after they were forced to bail out two of the island’s largest banks... more

Iceland freezes all bank share trades

06.10.08
Banking: Trading in the shares of all Iceland’s banks and financial institutions was suspended on the Nordic Exchange ahead of a long-awaited bailout plan from the government... more

Walker shrugs off the crunch

02.10.08
Consumer: Upmarket wallpaper and fabrics maker Walker Greenbank is thriving despite the crunch... more

Iceland banks blow after Glitnir move

30.09.08
A host of Icelandic banks were hit by ratings downgrades following the nationalisation of the country's third-biggest bank Glitnir... more

West Ham’s owner ‘pulled plug on XL’

12.09.08
Travel: The Icelandic banking magnate who led the £98million acquisition of West Ham United two years ago is set to bear the brunt of the collapse of XL Leisure, the airline and tour operator... more

Landsbanki irony as rivals’ shares soar

12.09.08
With shares in Thomson holiday group TUI Travel and in Thomas Cook soaring on the back of the failure of their smaller rival XL, the irony of one particular share recommendation for the companies appeared to be lost on many in the City... more

Market report: Gloomy brokers add to the pub chains’ misery

29.08.08
The lack of spare cash in drinkers’ pockets appears to be having a detrimental effect on the UK’s big pub chains, judging by the collapse in their share prices this year.... more

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