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| Kaupthing Bank Information |
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| Jonas Sigurgeirsson |
Phone: +354 444 6112 URL: http://www.kaupthing.com
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Kaupthing Bank ("Kaupthing") is a European bank offering integrated financial services to companies, institutional investors and high net worth individuals. These services include corporate banking, investment banking, capital markets services, treasury services and asset management and comprehensive wealth management for private banking clients.
The bank operates in ten countries, including all the Nordic countries, Luxembourg, Switzerland, the UK and the US. In addition, the bank operates a retail franchise in Iceland, where it is headquartered.
Based on Kaupthing's market capitalisation of EUR 9.2 billion as of 14 August 2007, the bank is currently the seven largest bank in the Nordic region. Through strong organic growth and strategic acquisitions, such as the acquisition in Denmark of FIH Erhvervsbank in 2004 and the acquisition of the UK-based bank Singer & Friedlander in 2005, Kaupthing has successfully increased both the product and geographic diversification of its operations. As of 30 June 2007 the bank has 2,970 employees and total assets of EUR 54.3 billion.
Kaupthing's shares are listed on the OMX Nordic Exchange in Iceland and Stockholm.
For further information about Kaupthing, go to www.kaupthing.com |
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