Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2008
Icesave collapse and international deposit dispute
The failure of Landsbanki’s Icesave subsidiary left UK and Dutch depositors dependent on national compensation arrangements and led to a prolonged dispute over whether Iceland or the failed estate should bear the cost. The episode became one of the defining controversies of the Icelandic financial crisis.