Icelandic banks

How healthy is your bank?

Rebecca Atkinson — Mon, 01 Dec 2008 16:21:37 +0000

Banks are supposed to be the safest place to put your money. It’s generally accepted that the stockmarket is a bit of a rollercoaster, and that the housing market is subject to corrections, but banks are the boring, reliable option.

Savers rescued after another bank flops

Rebecca Atkinson — Mon, 01 Dec 2008 14:21:53 +0000

Around 10,000 London Scottish Bank savers have been promised 100% of their money back even on balances over £50,000 after the Manchester-based bank was placed in administration.

Icelandic crisis prompts mutual merger

Rebecca Atkinson — Wed, 22 Oct 2008 10:44:57 +0100

The collapse of Icelandic banks has taken its first direct hit on the building society sector, with Barnsley BS forced to go cap-in-hand to the Yorkshire amid fears it may have to write-off £10 million.

Offshore depositors fight back

Rebecca Atkinson — Tue, 21 Oct 2008 10:33:57 +0100

Thousands of depositors who thought offshore accounts were a safe haven for their cash face losing 70% of their savings after the collapse of Icelandic banks.

A rising tide of resentment among offshore depositors is now brewing, with a host of websites and online petitions campaigning to help people get their money back.

ING in €10 billion bailout

Rebecca Atkinson — Fri, 17 Oct 2008 16:55:29 +0100

ING Bank, which owns UK-based savings bank ING Direct, has been bailed out to the tune of €10 billion by the Dutch government.

Help, I'm an Icesaver!

Rebecca Atkinson — Wed, 15 Oct 2008 10:58:37 +0100

Watch Moneywise TV: Help I'm an Icesaver

Scammers target Icesavers

Rebecca Atkinson — Mon, 13 Oct 2008 10:30:42 +0100

Scammers are believed to be targeting Icesave customers by posing as the Financial Services Compensation Scheme (FSCS) and demanding sensitive bank account details.

Icesave shut down

Rebecca Atkinson — Thu, 09 Oct 2008 10:19:29 +0100

Troubled savings bank Icesave has been declared in default but the authorities say its 300,000 customers will get their money back.

Help, I'm an Icesaver!

bill — Wed, 08 Oct 2008 16:18:54 +0100

The takeover of Landsbanki by the Icelandic Government caught more than 300,000 British savers by surprise, including Moneywise Editor Rachel Lacey. Here she gives some guidance to her fellow Icesavers.

Icesave savers offered 100% guarantee

Rebecca Atkinson — Mon, 06 Oct 2008 12:25:24 +0100

The government has promised to protect 100% of British savers' money in Icesave following the Icelandic-owned bank putting a block on all cash withdrawals.

Yesterday, Icesave froze its savings account business in the UK following its Icelandic owner being taken into public ownership.