Ármann Þorvaldsson
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Ármann Þorvaldsson
Ármann Þorvaldsson (born in Reykjavík in 1968) was an Icelandic badminton player and was the UK CEO of Kaupthing Bank at the time of its collapse in 2008. Early life Ármann graduated from Fjölbrautaskólinn í Breiðholti in 1989, taking a BA in history from the University of Iceland in 1992 and an MBA at Boston University in 1994. He married Þórdís Edwald; both played badminton at an international level. Banking career In 1994, Ármann joined the Icelandic company Kaupthing as Director of Planning and Budgeting, subsequently serving as managing director of investment banking from 1997 to 2005. He became a director of Kaupthing Singer & Friedlander Group PLC on 26 July 2005, and on 25 October 2005 he became CEO of Kaupthing Singer & Friedlander Group PLC (formerly, Singer & Friedlander Group PLC) at Kaupthing Bank hf. After the collapse of Kaupþing, Ármann wrote an autobiographical account of Iceland's boom and the 2008–2011 Icelandic financial crisis which was in ...
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Kaupthing Bank
Kaupthing Bank ( is, Kaupþing banki; ) was a major international Icelandic bank, headquartered in Reykjavík, Iceland. It was taken over by the Icelandic government during the 2008–2011 Icelandic financial crisis and the domestic Icelandic based operations were spun into a new bank ''New Kaupthing'', which was subsequently renamed Arion Banki. All the non-Icelandic assets and debts remained with the now defunct Kaupthing Bank. Prior to its collapse it also allegedly loaned money to various parties with the purpose of buying Kaupthing shares. Prior to its collapse, Kaupthing Bank operated in thirteen countries, including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It was seventh largest bank in the Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail branches in Iceland. As of 31 December 2007, the bank had a total assets of €58.3 billion ...
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Háskóli Íslands
The University of Iceland ( is, Háskóli Íslands ) is a public research university in Reykjavík, Iceland and the country's oldest and largest institution of higher education. Founded in 1911, it has grown steadily from a small civil servants' school to a modern comprehensive university, providing instruction for about 14,000 students in twenty-five faculties. Teaching and research is conducted in social sciences, humanities, law, medicine, natural sciences, engineering and teacher education. It has a campus concentrated around ''Suðurgata'' street in central Reykjavík, with additional facilities located in nearby areas as well as in the countryside. History The University of Iceland was founded by the Alþingi on 17 June 1911, uniting three former post-secondary institutions: ''Prestaskólinn'', ''Læknaskólinn'' and ''Lagaskólinn'', which taught theology, medicine and law, respectively. The university originally had only faculties for these three fields, in addition to a fa ...
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Boston University
Boston University (BU) is a private research university in Boston, Massachusetts. The university is nonsectarian, but has a historical affiliation with the United Methodist Church. It was founded in 1839 by Methodists with its original campus in Newbury, Vermont, before moving to Boston in 1867. The university now has more than 4,000 faculty members and nearly 34,000 students, and is one of Boston's largest employers. It offers bachelor's degrees, master's degrees, doctorates, and medical, dental, business, and law degrees through 17 schools and colleges on three urban campuses. The main campus is situated along the Charles River in Boston's Fenway-Kenmore and Allston, Massachusetts, Allston neighborhoods, while the Boston University Medical Campus is located in Boston's South End, Boston, South End neighborhood. The Fenway campus houses the Wheelock College of Education and Human Development, formerly Wheelock College, which merged with BU in 2018. BU is a member of the Bo ...
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Kaupthing
Kaupthing Bank ( is, Kaupþing banki; ) was a major international Icelandic bank, headquartered in Reykjavík, Iceland. It was taken over by the Icelandic government during the 2008–2011 Icelandic financial crisis and the domestic Icelandic based operations were spun into a new bank ''New Kaupthing'', which was subsequently renamed Arion Banki. All the non-Icelandic assets and debts remained with the now defunct Kaupthing Bank. Prior to its collapse it also allegedly loaned money to various parties with the purpose of buying Kaupthing shares. Prior to its collapse, Kaupthing Bank operated in thirteen countries, including all the Nordic countries, the Netherlands, Belgium, Luxembourg, Switzerland, the United Kingdom and the United States. It was seventh largest bank in the Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail branches in Iceland. As of 31 December 2007, the bank had a total assets of €58.3 billion ...
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2008–2011 Icelandic Financial Crisis
The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom. Relative to the size of its economy, Iceland's systemic banking collapse was the largest experienced by any country in economic history. The crisis led to a severe economic slump in 2008–2010 and significant political unrest. In the years preceding the crisis, three Icelandic banks, Kaupthing, Landsbanki and Glitnir, multiplied in size. This expansion was driven by ready access to credit in international financial markets, in particular money markets. As the financial crisis of 2007–2008 unfolded, investors perceived the Icelandic banks to be increasingly risky. Trust in the banks gradually faded, leading to a sharp depreciation of the Icelandic krón ...
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Serious Fraud Office (United Kingdom)
The Serious Fraud Office (SFO) is a non-ministerial government department of the Government of the United Kingdom that investigates and prosecutes serious or complex fraud and corruption in England, Wales and Northern Ireland. The SFO is accountable to the Attorney General for England and Wales, and was established by the Criminal Justice Act 1987, an Act of the Parliament of the United Kingdom. Section 2 of the Criminal Justice Act 1987 grants the SFO powers to require any person (or business/bank) to provide any relevant documents (including confidential ones) and answer any relevant questions including ones about confidential matters. The SFO is the principal enforcer of the Bribery Act 2010, which has been designed to encourage good corporate governance and enhance the reputation of the City of London and the UK as a safe place to do business. Its jurisdiction does not extend to Scotland where fraud and corruption are investigated by Police Scotland through their Specialist ...
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Icelandic National Badminton Championships
The Icelandic National Badminton Championships is a tournament organized to crown the best badminton players in Iceland. They are held since 1949. Past winners ReferencesBadminton Europe - Details of affiliated national organisationsBadmintonsambands Íslands
{{Badminton competitions Badminton tournaments in Iceland National badminton championships Sports competitions in Iceland
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Iceland International
The Iceland International in badminton is an international open held in Iceland Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ... since 1986. The tournament belongs to the EBU Circuit. In 2008, the organisation of this event had to be cancelled due to the 2008–2012 Icelandic financial crisis. Previous winners Performances by nation {, class="wikitable" style="text-align:center" , - ! colspan="10" , Top Nations , - ! Rank ! Nation ! MS ! WS ! MD ! WD ! XD ! Total , - , 1 , align="left" , , 5 , 13 , 8 , 13 , 8 , 47 , - , 2 , align="left" , , 7 , 3 , 9 , 2 , 9 , 30 , - , 3 , align="left" , , 7 , 3 , 4.5 , 7 , 6 , 27.5 , - , 4 , align="left" , , , 4 , 4.5 , 4 , 2 , 14.5 , - , 5 , align="left" , , 4 , 3 , 1 , 1.5 , 4 , 13.5 , - ...
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Icelandic Bankers
Icelandic refers to anything of, from, or related to Iceland and may refer to: *Icelandic people *Icelandic language *Icelandic alphabet * Icelandic cuisine See also * Icelander (other) * Icelandic Airlines, a predecessor of Icelandair * Icelandic horse, a breed of domestic horse * Icelandic sheep, a breed of domestic sheep * Icelandic Sheepdog, a breed of domestic dog * Icelandic cattle Icelandic cattle ( is, íslenskur nautgripur ) are a breed of cattle native to Iceland. Cattle were first brought to the island during the Settlement of Iceland a thousand years ago. Icelandic cows are an especially colorful breed with a wide va ..., a breed of cattle * Icelandic chicken, a breed of chicken {{disambig Language and nationality disambiguation pages ...
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Icelandic Male Badminton Players
Icelandic refers to anything of, from, or related to Iceland and may refer to: *Icelandic people *Icelandic language *Icelandic alphabet * Icelandic cuisine See also * Icelander (other) * Icelandic Airlines, a predecessor of Icelandair * Icelandic horse, a breed of domestic horse * Icelandic sheep, a breed of domestic sheep * Icelandic Sheepdog, a breed of domestic dog * Icelandic cattle Icelandic cattle ( is, íslenskur nautgripur ) are a breed of cattle native to Iceland. Cattle were first brought to the island during the Settlement of Iceland a thousand years ago. Icelandic cows are an especially colorful breed with a wide va ..., a breed of cattle * Icelandic chicken, a breed of chicken {{disambig Language and nationality disambiguation pages ...
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