▁a ▁range ▁of ▁complement ary ▁financial ▁services ▁in ▁three ▁units , ▁Capital ▁Mark ets , ▁Real ▁Est ate ▁In vest ment ▁Ad vis ory ▁and ▁Av ant ▁As set ▁Fin ancing , ▁a ▁wh olly ▁owned ▁subs idi ary ▁of ▁Ask ar ▁Capital . ▁ ▁Ask ar ▁Capital ▁was ▁the ▁only ▁I cel and ic ▁bank ▁to ▁experience ▁losses ▁from ▁struct ured ▁invest ment ▁vehicles ▁origin ating ▁in ▁the ▁United ▁States . ▁ ▁Ask ar ▁Capital ▁file d ▁for ▁bank rupt cy ▁on ▁July ▁ 1 4 , ▁ 2 0 1 0 . ▁ ▁The ▁ver dict ▁by ▁the ▁Supreme ▁Court ▁that ▁foreign ▁currency ▁denomin ated ▁lo ans ▁were ▁illegal ▁had ▁serious ▁re per cuss ions ▁for ▁the ▁assets ▁of ▁the ▁bank . ▁In ▁May ▁ 2 0 1 0 , ▁the ▁assets ▁were ▁app ra ised ▁at ▁ 2 3 ▁billion ▁IS K . ▁After ▁the ▁ver dict , ▁the ▁estimate ▁was ▁lower ed ▁to ▁ 9 - 1 3 ▁billion ▁IS K . ▁As ▁the ▁net ▁worth ▁was ▁negative ▁at ▁least ▁ 1 0 ▁billion ▁IS K ▁and ▁rest ruct uring ▁was ▁uncertain , ▁the ▁board ▁did ▁not ▁consider ▁it ▁had ▁a ▁legit imate ▁basis ▁to ▁continue . ▁On ▁January ▁ 2 7 , ▁ 2 0 1 0 , ▁claims ▁on ▁the ▁bank ▁amount ed ▁to ▁ 4 1 . 5 ▁billion ▁IS K . ▁ ▁References ▁ ▁Category : B anks ▁of ▁I cel and <0x0A> </s> ▁The ▁Rose ▁Par ade , ▁hosted ▁by ▁the ▁Pas ad ena