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 The Icel ...
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Kaupthing Bank
Kaupthing Bank (, ) 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, 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 the seventh-largest bank in the Nordic Region, Nordic countries in terms of market capitalization. The bank had employed over 3,300 people with 36 retail Branch (banking), branches in Iceland. As of 31 December 2007, the bank had a total asse ...
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Háskóli Íslands
The University of Iceland ( ) 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'', a 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 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 faculty of humanities. Durin ...
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Boston University
Boston University (BU) is a Private university, private research university in Boston, Massachusetts, United States. BU was founded in 1839 by a group of Boston Methodism, Methodists with its original campus in Newbury (town), Vermont, Newbury, Vermont. It was chartered in Boston in 1869. The university is a member of the Association of American Universities and the Boston Consortium for Higher Education. The university has nearly 38,000 students and more than 4,000 faculty members 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 university is nonsectarian, though it retains its historical affiliation with the United Methodist Church. 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 locate ...
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Kaupthing
Kaupthing Bank (, ) 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 the 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. In 2006, it ran ...
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2008–2011 Icelandic Financial Crisis
The Icelandic financial crisis was a major financial crisis, economic and political event in Iceland between 2008 and 2010. It involved the default (finance), default of all three of the country's major privately owned commercial banks in late 2008, following problems in refinancing their current liability, short-term debt and a bank run, 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 of any country in economic history. The crisis led to a severe recession and the 2009 Icelandic financial crisis protests. In the years preceding the crisis, three Icelandic banks, Kaupthing Bank, Kaupthing, Landsbanki and Glitnir (bank), Glitnir, multiplied in size. This expansion was driven by ready access to credit in international financial markets, in particular money markets. As the 2008 financial crisis unfolded, investors perceived the Icelandic banks to be increasingly risky. Trust in the ba ...
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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 Special ...
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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 Recurring sporting events established in 1949

Iceland International
The Iceland International in badminton is an international open held in Iceland since 1986. The tournament belongs to the European Badminton Circuit. In 2008, the event had to be cancelled due to the 2008–2011 Icelandic financial crisis The Icelandic financial crisis was a major financial crisis, economic and political event in Iceland between 2008 and 2010. It involved the default (finance), default of all three of the country's major privately owned commercial banks in late 2 .... Previous winners Performances by nation References {{Badminton competitions Badminton tournaments in Iceland Sports competitions in Iceland Recurring sporting events established in 1986 ...
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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 orthography *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 ( ) 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 variety of colours and marki ..., a breed of cattle * Icelandic chicken, a breed of chicken {{disambig Language and nationality disambiguation pages ...
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