hf's

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STOCKHOLM -- Sweden's HQ Bank AB said Friday it has bought Icelandic bank Glitnir hf's Swedish arm, Glitnir AB, for 60 million Swedish kronor ($8.06 million).

Swedish Bank Buys Glitnir's Local Arm 2008
The bank's results, following Landsbanki Islands hf's robust set of numbers on Tuesday and Kaupthing Bank hf's on Thursday, removed some of the doubts about the ability of Iceland's banks, which had expanded rapidly on the back of foreign lending, to survive the credit crunch.

Glitnir Bank results show resilient Icelandic sector 2008
Icesave, the Internet unit of one of the three big banks Iceland has nationalized, Landsbanki Islands hf's, started an "aggressive marketing campaign five to six months ago," said Dutch National Bank spokesman Tobias Oudejans.

British Negotiators Head to Iceland 2008
Landsbanki Íslands hf's U.K. Internet banking operation froze deposits and withdrawals Tuesday.

Corrections & Amplifications 2008
Straumur-Burdaras Investment Bank hf is close to a deal to buy parts of Landsbanki Islands hf's U.K. operations, people familiar with the situation said Tuesday.

Iceland Lender Nears U.K. Deal 2008