Iceland's banks to come back from the dead

Posted 18/04/2014 - 09:38 by anrigaut

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2014-04-16 23

Iceland's Arion Banki is to provide an even greater test of investor appetite for risky banks than recent deals from Greece as it plots its first wholesale market funding in a major currency in six years.

The bank was formerly known as Kaupthing Bank, a name that triggers memories of bank failures, burnt bondholders and legal wrangling. ...