Failed Icelandic Bank Landsbanki Islands HF loses collateral bid in UK courts

– British high court throws out bid to revalue collateral
– Repo and securities lending positions were between Landsbanki Islands and Raiffeisen
– Landsbanki Islands had defaulted on the trade

The full story is available from Institutional Investor here: http://www.institutionalinvestor.com/article/3671091/banking-and-capital-markets-banking/collapsed-icelandic-bank-loses-legal-challenge-over-trades.html#.WPiNCTKZPuQ

Related Posts

Previous Post
The Finadium Guide to Measuring Performance in Investor Securities Lending Programs
Next Post
Squawker® Completes Launch of Equity Finance Platform with 6 of the World’s largest 10 Global Investment Banks Live

Related Posts

Fill out this field
Fill out this field
Please enter a valid email address.

Menu
X

Reset password

Create an account