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Finsbury partner Morgan Bone is leading the account which is believed to be worth around 100,000 a year. Finsbury and two other unnamed firms were thought about for the work, granted earlier this month on a maintained basis. The bank utilizes Icelandic agency Inntak PR in its home market. Landsbanki senior director Larus Welding said: 'We were the mandated lead arranger for [Icelandic investment company] Baugur Group's acquisition of [UK jeweller] Goldsmiths in May.

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' We got some press at that time, and when you are not represented you get bad press or extremely loose press. We wished to make certain things were mentioned accurately which we were understood correctly.' Landsbanki has owned Heritable Bank given that 2000 and runs in the syndicated loans and leveraged financing markets in the UK.
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It handles 4. 5bn of assets, making it Iceland's second-biggest bank by assets after Kaupthing Bank. Originally state-owned, Landsbanki was privatised in February in 2015 and has a 30 per cent share of the nation's deposits and lending market. Landsbanki likewise owns a 51 percent stake in renting business SP Finance.
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