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Landsbanki

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 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.