[i]
Icesave savers warned on accounts Customers of the Icesave internet bank have been warned they will probably have to claim compensation for money held in their savings accounts.
The authorities in the UK are preparing for the bank's parent in Iceland, Landsbanki, to be declared insolvent. The Icelandic government took control of the country's second biggest bank on Tuesday to keep it afloat. Claims from Icesave's UK customers will be handled by the Financial Services Compensation Scheme (FSCS).
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http://news.bbc.co.uk/2/hi/business/7656387.stm