http://www.ft.com/cms/s/0/f908fae6-6172-11...?nclick_check=1 I know a lot of people have savings with Icelandic banks, some people have sums over 35k in fixed 3 year bonds. I have money saved with them, these results should ease peoples concern. People are quick to post bad news but you never get any positive news. This is the first positive ...

With the big UK banks you will be safe, even though they have had to write off billions they still made profits. On larger amounts Lloyds TSB offers more competitive interest rates. ING direct is a huge bank and for the first year they offer 6%, before it drops. I would not have any issues saving a large lump sum with them. If you went to a ...

http://www.marketwatch.com/news/story/land...}&dist=hppr http://www.efinancialnews.com/homepage/con...0737/restricted I know a lot of you guys have money saved with Icelandic banks as I have! Some with bonds up to 3 years and over 35k saved. Here are all the banks results which should reassure you especially with UK banks making massive ...

Reassurance for savers with icesave, you never hear the press report these important details!!! ------------------------------------------------------------------ After-tax Profit ISK 17.4 billion Return on Equity (ROE) 44% Highlights of the Interim Financial Statements of Landsbanki Íslands hf. for Q1 of 2008Net pre-tax profit in Q1 ...

A lot of this was big hedge funds trying to profit from bringing down the Icelandic banking system. They bet on them going bust or buy in when share are really down. Now the Credit defaults swops, which had risen sharply for the banks has now been greatly reduced. The currency which was over valued and dropped 25% has stablised and has made gains ...

Its highly unlikely that a big name UK bank like Lloyds would go bust because they are so massive, so I wouldnt worry about investing a bigger amount in say a Lloyds regular saver which offers 5.5% on balences over 100k. ING direct is a massive world wide bank, they offer great bonds at the moment. My sisters husband works for them, although they ...

The Icelandic krona could rise 8 per cent against the euro during the next few months, says a senior analyst at Bear Stearns investment bank. Bear Stearns’ chief currency expert, Steve Barrow, believes the krona “has probably fallen enough” and predicts its value will bounce back to around 110 to the euro by July, according to a ...

The Icelandic economy is in less trouble than many media reports make out, says the Icelandic Minister of Finance, Arni Mathiesen, in a report by Reuters. “The krona certainly was too strong, [but] now it‘s too weak. In the end it will come back closer to the average,” said the minister at a recent meeting in Hamburg. Mathiesen ...

The development of CDS spreads on Icelandic banks has reached a turnaround point and is now moving away from the peak it reached at the end of March, reports Nordic corporate and investment bank Glitnir. The 5-year CDS level for Kaupthing now stands at 710 basis points (bp), which is 340bp less than at the beginning of April when the spread ...