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“We have an active central risk control and apply a systematic stress test to all the market risks that the bank takes on.” Halldor Kristjansson |
Landsbanki made one of the two Icelandic assaults on the UK banking market in 2005 – the other being Kaupthing’s acquisition of Singer & Friedlander – with the acquisition of merchant bank Teather & Greenwood in February. Landsbanki has already embarked on an ambitious strategy of growing Teather & Greenwood’s business, using the expertise it has developed from serving the Icelandic corporate market.
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