RECENT NEWS
Reuters  Mar 24  Comment 
Seven institutions have presented non-binding bids for Portugal's Novo Banco, the successor to Banco Espirito Santo (BES) after a state rescue last year, Bank of Portugal...
Euromoney  Mar 10  Comment 
It took the collapse of Banco Espírito Santo, rather than the eurozone crisis, to redraw the map of Portuguese banking. Will the revised landscape show Iberian consolidation, or a new Chinese foothold on the continent?
Wall Street Journal  Mar 9  Comment 
Novo Banco, the lender carved out of the “good assets” of collapsed bank Banco Espírito Santo, posted a €468 million ($507 million) loss, but it said deposits are growing again and its liquidity position is improving.
New York Times  Mar 4  Comment 
Changes to the Algarve Cup, an annual women’s soccer tournament, will let lower-ranked teams like Portugal face top-tier teams and compete for the title.
Clusterstock  Mar 3  Comment 
Isabel dos Santos, the daughter of the president of Angola and Africa's first female billionaire, is sending the share prices of two of Portugal's biggest banks surging. A source told Reuters that dos Santos wrote to the CEO of Spain's...
Reuters  Feb 26  Comment 
Portugal's main opposition Socialist candidate for prime minister has drawn criticism within his party and ridicule by the ruling coalition after lauding the country's...
Financial Times  Feb 17  Comment 
Central bank rejects appeal over €835m loan to collapsed Banco Espirito Santo
Jutia Group  Feb 17  Comment 
[Reuters] - Goldman Sachs said it would "pursue all appropriate legal remedies without delay" after Bank of Portugal stuck to a decision to keep a loan linked to the U.S. bank in a "bad bank" carved out after the rescue of Banco Espirito Santo...
Financial Times  Feb 17  Comment 
Deal values fourth-largest Portuguese lender at €1.94bn




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