Tim Cockroft has been appointed Global Head of Capital Markets at Kaupthing Bank. Tim is currently Head of Capital Markets for Kaupthing in the UK. He will assume this new position immediately and, at the same time, remain in charge of the Capital Markets operations in the UK. With this appointment Kaupthing Bank aims to further co-ordinate Capital Markets activities within the Group and to improve the overall service to clients. Tim Cockroft brings with him an excellent track record having more than 18 years experience; moreover, Tim has successfully developed the Capital Markets operations at Kaupthing Singer & Friedlander involving corporate finance and broking with a focus on mid-market companies. Prior to joining Kaupthing Bank, Tim was CEO of the brokerage house KBC Peel Hunt.
Författare: Redaktionen
Kaupthing meddelar idag att r
Landsbanki Islands hf. (Landsbanki) has started acting as a market-maker, for its own account, for shares in Kaupthing Bank hf. (Kaupthing). The agreement entails that Landsbanki will submit daily bid/ask offers for shares in Kaupthing through OMX Nordic Exchange Iceland before the market opens each day on offers that will only be valid within that day. The purpose of the agreement is to facilitate trading and improve liquidity in Kaupthing’s shares on the OMX Nordic Exchange Iceland and to promote efficient and transparent price formation. The terms of the market making agreement are as follows: Landsbanki will submit daily bid and offer quotes for shares in Kaupthing for a minimum of 40.000 shares (each share being ISK 10,0 at nominal value ) at a price determined by Landsbanki.
Maximum bid/ask spread shall not exceed 1.0% and the deviation from the last transaction price shall not exceed 3.0%. The maximum obligated total trades per day is ISK 400,000,000 market value. The agreement was effective as of 21 January 2008.
Landsbanki announced today that it has signed a market-making agreement with Kaupthing, whereby Kaupthing will act as market maker for shares issued by Landsbanki. This means that Kaupthing will submit daily bid/ask offers for shares in Landsbanki through OMX Nordic Exchange Iceland before the market opens each day on offers that will only be valid within that day. The purpose of the agreement is to facilitate trading and improve liquidity in Landsbanki’s shares on the OMX Nordic Exchange Iceland and to promote efficient and transparent price formation.
The terms of the market making agreement are as follows: – Kaupthing will submit daily bid and offer quotes for shares in Landsbanki for a minimum of 1,000,000 shares at a price determined by Kaupthing.- Maximum bid/ask spread shall not exceed 1.0% and the deviation from the last transaction price shall not exceed 3.0%- The maximum obligated total trades per day is ISK 400,000,000 market value- The agreement is effective as of 21 January 2008.
Kaupthing Bank will publish its annual results for 2007 before markets open on Thursday 31 January.
Johnie W. Br
Johnie W. Br
Kaupthing Bank ”Kaupthing” has sold its operation in the Faroe Islands to Eik Banki P/F. Eik Banki will take over Kaupthing’s Faroese operation on 31 December 2007.
Kaupthing Bank
Kaupthing Bank hf. (”Kaupthing”) has agreed with Derbyshire Building Society (”Derbyshire”) to acquire the entire issued share capital of Derbyshire’s offshore deposit-taking business The Derbyshire (Isle of Man) Limited (”Derbyshire Offshore”). Derbyshire Offshore is a specialised operation that offers a targeted range of fixed and variable rate sterling deposit accounts for its retail and business customers. At the end of the third quarter 2007, it had total deposits of over
Name of party notifying: Gn
Kaupthings nya Riskfonder tar fasta p