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The subsidiaries (e.g. of Kaupthing) take part in the deposit insurance scheme of the country they are in. The branches do not. The problem is precisely that the deposits in Dutch and British branches of Landesbanki were treated differently by the government of Iceland.
by nanne (zwaerdenmaecker@gmail.com) on Tue Aug 18th, 2009 at 08:54:55 AM EST
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