Íslandsbanki, formerly Glitnir Bank, will go into 95 percent ownership of foreign claimants, as Glitnir’s resolution committee announced today. The remaining five percent will be held by the Icelandic state, which will also have one board member on the bank’s five-person board.
Íslandsbanki, formerly Glitnir Bank, will go into 95 percent ownership of foreign claimants, as Glitnir’s resolution committee announced today. The remaining five percent will be held by the Icelandic state, which will also have one board member on the bank’s five-person board.