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Kaupthing gone under?
tomstickland
Posts: 19,538 Forumite
I read somewhere that it had gone into administration.
Not found any news on the main sites though.
http://www.fool.co.uk/news/your-money/savings/2008/10/08/kaupthing-savings-bought-by-ing-direct.aspx
Not found any news on the main sites though.
http://www.fool.co.uk/news/your-money/savings/2008/10/08/kaupthing-savings-bought-by-ing-direct.aspx
Landsbanki folded yesterday and Kaupthing is in deep trouble this morning.
Happy chappy
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Kaupthing British unit put in administration
http://uk.reuters.com/article/businessNews/idUKTRE49768320081008All my life my mother told me the storm was coming (c) Terminator 30 -
tomstickland wrote: »I read somewhere that it had gone into administration.
Not found any news on the main sites though.
http://www.fool.co.uk/news/your-money/savings/2008/10/08/kaupthing-savings-bought-by-ing-direct.aspx
Savers are OK as they are now in with ING, who are in a strong position.0 -
The Treasury has also arranged for more than £3 billion of UK savers’ money that is held with two other Icelandic banks, Kaupthing Edge and Heritable Bank, to be transferred to ING Direct UK, a subsidiary of Dutch savings bank ING.
http://www.timesonline.co.uk/tol/news/uk/article4905923.eceI beep for Robins - Beep Beep
& Choo Choo for trains!!0 -
Why didn't the do the same with Icesave accounts?0
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KE has gone under. There are loads of people in this forum who balance was taken out of KE but still doesn't show in Current Account. I'm one of them. So people are really worried.0
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dear oh dear .:eek:
Wonder whats happened to my hard earned? I have savings in heritable anyway.:beer: Well aint funny how its the little things in life that mean the most? Not where you live, the car you drive or the price tag on your clothes.
Theres no dollar sign on piece of mind
This Ive come to know...
So if you agree have a drink with me, raise your glasses for a toast :beer:0 -
dear oh dear .:eek:
Wonder whats happened to my hard earned? I have savings in heritable anyway.
You guys and gals need to start taking my advice : http://forums.moneysavingexpert.com/showpost.html?p=14801815&postcount=9
Rob0 -
Fair play to ING stepping in to rescue savers from Kaput thing on the Edge. 0
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Hi, Martin’s asked me to post this in these circumstances: I’ve asked Board Guides to move threads if they’ll receive a better response elsewhere (please see this rule) so this post/thread has been moved to the savings and investments board, where it should get more replies. If you have any questions about this policy please email !!!!!!.0
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