Speech by Governor Gudmundsson: The financial crisis in Iceland and the fault lines in cross-border banking

Mr. Mar Gudmundsson, Governor of the Central Bank of Iceland, gave a speech about the financial crisis in Iceland and the fault lines in cross-border banking at the recent FIBE conference in Bergen, Norway.  In his speech, Mr. Gudmundsson concentrated primarily on the rise and fall of three cross-border banks that operated on the basis of EU legislation.

The speech, which was delivered in English, is available here in  pdf-format:

The financial crisis in Iceland and the fault lines in cross-border banking. Speech by Governor Mar Gudmundsson, Central Bank of Iceland, at a FIBE-conference in Bergen, Norway, 7. January 2010.