Landsbanki

from Wikipedia, the free encyclopedia
  Landsbankinn hf.
logo
Country IcelandIceland Iceland
Seat Reykjavík
legal form hlutafélag ( public limited company )
ISIN IS0000000156
BIC NBIIISREXXX
founding 1885
Website www.landsbankinn.is
Business data 2012
Total assets ISK 1,084.8 billion
management
Board Steinþór Pálsson (CEO)
Supervisory board Tryggvi Pálsson (Chairman)
Eva Sóley Guðbjörnsdóttir (Vice Chairman)

Landsbanki (also: Landsbankinn in Iceland ), with its full name Landsbanki Íslands , is the oldest and second largest of the Icelandic banks .

It was founded in 1885 and from 1927 was also responsible for issuing banknotes . Coin money , however, remained the monopoly of the Ministry of Finance. The Landsbanki thus had the status of a central bank . This task was transferred to the newly established Icelandic Central Bank in 1961 following a resolution by the Althing . Although it was still owned by the state, it was merged with Samvinnubanki . Between 1998 and 2003 the company was privatized in several steps. 44% of the bank belongs to the family of Björgólfur Thor Björgólfsson , who is the only Icelander on the “ Forbes list of the rich”.

Landsbanki currently has 52 branches across Iceland.

The company holds 20% of the shares in the Swedish Carnegie Investment Bank .

completion

On October 7, 2008, Landsbanki was taken over by the Icelandic financial regulator in the course of measures to avert national bankruptcy . The Luxembourg subsidiary Landsbanki Luxembourg SA filed for bankruptcy on October 8, 2008. On October 9, 2008 the Icelandic part of the bank was spun off into the Nýr (= new) Landsbanki and on October 27, 2008 the insolvency of the remaining Landsbanki was declared.

After the intervention of the Luxembourg banking union ALEBA, a court ruled that the Luxembourg bank had violated labor law when it dismissed 122 employees on the spot in December 2008 without any social plan.

Sued by private investors in a court in Paris for fraud, the Luxembourg bank has to deposit a deposit of 50 million euros. A judicial investigation has been launched.

Landsbanki Luxembourg SA

At the end of 2012, criminal charges were brought against members of the board of directors and the liquidator of the Luxembourg subsidiary Landsbanki Luxembourg SA , which had been in bankruptcy since December 2008 . The allegations were, among other things, fraud and lack of supervision by the Luxembourg financial regulator. However, the fraud report against the bank was filed by the Luxembourg judiciary on December 24, 2013, as it was time barred. Investors should be called to full liability and repayment of funds never received.

In July 2014 a criminal complaint was filed against the board of directors of the Luxembourg financial regulator CSSF .

On July 15, 2014 it became known that, following the decision of the Luxembourg Council Chamber of the Court of Appeal, judicial criminal proceedings are being carried out against Landsbanki Luxembourg SA for money laundering, falsification of accounts and the formation of a criminal organization. Because the action brought by the collective of victims of Landsbanki Luxembourg SA is not statute-barred and was therefore declared to be legal.

On January 25, 2015, it became known that the Luxembourg lawyer Yvette Hamilius, insolvency administrator of Landsbanki Luxembourg SA, had to appear before a Paris court because, in the opinion of the Paris public prosecutor, the bank had defrauded its customers.

Web links

Individual evidence

  1. ↑ Entry in the BIC directory at SWIFT
  2. ↑ Annual report 2012 (English)
  3. ↑ FAZ.net: Information debacle about Russian billions , October 7, 2008.
  4. ↑ (Icelandic) ( Memento from July 11, 2011 in the Internet Archive )
  5. ↑ (Icelandic) ( Memento from January 5, 2009 in the Internet Archive )
  6. ^ Luxembourg word . In: Wort.lu .
  7. ↑ Success for ALEBA in the Landsbanki ALEBA case , November 8, 2011
  8. ↑ Landsbanki doit verser 50 millions d'euros . (L'essentiel Online / AFP), November 28, 2011 (French)
  9. ↑ Hamilius: "Je ne veux pas plaire à la Place" . In: Paperjam News .
  10. ↑ Luxprivat: Home . Archived from the original on May 10, 2012. Retrieved on May 8, 2012.
  11. ↑ Landsbanki: Pandorra's Box . In: Tageblatt, Luxembourg . Archived from the original on March 1, 2014. Retrieved November 30, 2012.
  12. ↑ Mutual Funds: The Risk in Luxembourg Funds . January 13, 2012.
  13. ↑ Luxprivat: Home . Archived from the original on January 9, 2014. Retrieved January 9, 2014.
  14. ↑ Luxprivat: Home . Archived from the original on March 4, 2014. Retrieved February 28, 2014.
  15. ↑ Luxprivat: Home . Archived from the original on March 5, 2014. Retrieved March 3, 2014.
  16. ↑ Customers have to fear for their belongings. The strange methods at Landsbanki. ( Memento from July 12, 2014 in the Internet Archive )
  17. ↑ Luxprivat: Home . Archived from the original on July 14, 2014. Retrieved July 4, 2014.
  18. ↑ Investigations into money laundering . In: Tageblatt Luxembourg . Archived from the original on July 21, 2014. Retrieved July 15, 2014.
  19. ↑ Luxprivat: Home . Archived from the original on November 22, 2014. Retrieved November 20, 2014.
  20. ↑ Who pocketed the millions? . In: luxprivat.lu . 3rd February 2017.
  21. ↑ Landsbanki saga draws wider circles . In: wort.lu . July 9, 2013.
  22. ↑ Is Luxembourg's central bank caught up in the Landsbanki scandal? . In: luxprivat.lu , February 1, 2017.

Coordinates: 64 ° 8 ′ 52.2 "  N , 21 ° 56 ′ 20"  W.