Advertisement

Kaupthing Singer & Friedlander (IoM) wound up

by isleofman.com 9th October 2008
Investors who had money in Kaupthing Singer and Friedlander says they’re now worried about their money.

The bank announced early this morning (Thursday) that it would be wound up and a liquidator is due to be appointed soon.

The Financial Supervision Commission says those with money in the bank will be protected under the depositors compensation scheme.

But with Tynwald due to discuss the scheme this morning, there’s still uncertainty about how much money savers will get back.
Posted by isleofman.com
Thursday 9th, October 2008 10:02pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
12 Oct
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide