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Iceland's Kaupthing Bank hf sells its operations in Faroe Islands

Icelandic financial group Kaupthing Bank hf said on Friday (28 December) that it has sold its operation in the Faroe Islands to Eik Banki P/F.

Kaupthing's operation in the Faroe Islands, which was set up in 2000, has mainly focused on securities trading, asset management, loans and other...  

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