Kaupthing's Resolution Committee meets with creditors
12 nov. 2008 15h51 HE | Kaupthing Bank
Kaupthing Bank's Resolution Committee met today for the first time with representatives of large creditors of the bank (Informal Creditors' Committee). The meeting was constructive and it...
To whom it may concern
28 oct. 2008 13h47 HE | Kaupthing Bank
On 9 October 2008, the Icelandic Financial Supervisory Authority ("FME") appointed a Resolution Committee of Kaupthing Bank hf. (the"Bank"), in accordance with article 5 of legislative act 125/2008...
Icelandic FSA takes over Kaupthing's operations
09 oct. 2008 11h07 HE | Kaupthing Bank
Kaupthing Bank announces that the Icelandic Financial Supervisory (IFSA) has decided to take on the powers of Kaupthing Bank's shareholders' meetings. Furthermore, the board of directors has resigned....
Kaupthing Bank turns to the Icelandic FSA
09 oct. 2008 02h30 HE | Kaupthing Bank
Statement from Sigurdur Einarsson, Executive Chairman of Kaupthing Bank:"When the board of directors reviewed the position of the bank at a meeting on 25 and 26 September, the bank was performing well...
Moody's downgrades credit ratings
08 oct. 2008 20h02 HE | Kaupthing Bank
Moody's Investors Service has today announced that it has downgraded Kaupthing Bank's credit ratings. The Bank's long-term rating is downgraded from A1 to Baa3, the Bank's financial strength...
Fitch downgrades Kaupthing Bank's credit rating
08 oct. 2008 19h13 HE | Kaupthing Bank
Fitch Ratings has today downgraded Kaupthing Bank's credit ratings. The Bank's Long-term Issuer Default rating (IDR) is downgraded from BBB to CCC and the Bank's short-term IDR is downgraded from F3...
Talks on participation in the reorganization of Glitnir Bank
08 oct. 2008 02h30 HE | Kaupthing Bank
Kaupthing Bank hf. has, after consulting the Icelandic authorities, discussed with the Icelandic Financial Supervisory Authority Kaupthing's involvement in the reorganization of Glitnir Bank...
Kaupthing Bank: No indication of government intervention
07 oct. 2008 04h31 HE | Kaupthing Bank
Following the extraordinary legal measures taken by the government last night, allowing the Icelandic Financial Supervisory Authority (FME ) to invervene in the operations of Icelandic...
Moody's places Kaupthing covered bonds rating on review for possible downgrade
02 oct. 2008 05h43 HE | Kaupthing Bank
Moody's Investors Service has placed Kaupthing's Aaa rated covered bonds on review for possible downgrade. The rating action follows Moody's decisions to review for possible downgrade Kaupthing's...
Moody's places Kaupthing Bank on review for possible downgrade
30 sept. 2008 14h36 HE | Kaupthing Bank
Moody's Investors Service has today placed the credit ratings of Kaupthing Bank hf. ("Kaupthing") on review for possible downgrade. The Bank's long-term rating of A1 and financial strength...