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KSF administrator mulls sale

The administrator to Kaupthing Singer & Friedlander (KSF), the British division of Kaupthing, the Icelandic bank that collapsed in 2008, is considering selling what is left of the bank’s operations.
“The administrators objective is to realise KSF's business and assets for the benefit of the creditors and therefore they review the range of options available to them on a regular basis,” administrator Ernst & Young said in a statement yesterday.