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About 114 results for "banco espirito santo"

Auditor warns on Novo Banco legal, Angola risks as sale looms
CNBC Africa

Novo Banco Wants to Reduce Non-Essential Assets by $2 Billion

Novo Banco SA, the lender that emerged from the break-up of Banco Espirito Santo SA plans to reduce non-core and non-productive assets by 1.8 billion euros ($2 billion) this year by selling real estate, loans, equity stakes and international ... Bloomberg, 1 month ago
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Angola probes management at local unit of failed Portuguese bank: official

7 minutes ago A man walks past an office of Portuguese bank Banco Espirito Santo (BES) in downtown Lisbon
 Yahoo! Finance4 weeks ago In Angola: Government probes management at local unit of failed Portuguese bank: official  Pulse.ng4 weeks ago Banking: Angola probes management at local unit of failed Portuguese bank: official  The Africa Report4 weeks ago
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Financial sector litigation on the increase in Portugal - Cuatrecasas, Gonçalves Pereira

The single most important event in litigation over recent years has been the fallout from the demise of Banco Espírito Santo, according to Miguel Esperança Pina, partner with Cuatrecasas, Gonçalves Pereira in Lisbon. The partner describes as a ...
 Iberian Lawyer2 months ago

Bank of Portugal to challenge court injunction on Novo Banco bonds

LISBON, April 28 The Bank of Portugal will challenge a provisional injunction by a Lisbon court that suspends part of the central bank-ordered transfer of bonds from state-rescued Novo Banco back to "bad bank' Banco Espirito Santo (BES). "There ...
 Reuters UK4 weeks ago Portugal court provisionally suspends Novo Banco bond transfer-media  Reuters UK4 weeks ago UPDATE 2-Portugal court suspends Novo Banco bond transfer, central bank to challenge  Reuters UK4 weeks ago

Novo Banco Debt Won't Be Returned on Court Ruling, Law Firm Says

Lawyers represent a group of investors holding the notes The affected securities surged following the decision Novo Banco SA bonds transferred to a bad bank last year won't automatically be reinstated following a court ruling last week, ...
 Bloomberg4 weeks ago
Business Recorder

Portugals 10-year bond yield reverses falls on courts Novo Banco decision

LONDON, April 28 Portugal's 10-year bond yield reversed falls on Thursday after reports that a Lisbon court has provisionally suspended a central bank decision to transfer bonds from "good bank" Novo Banco to Banco Espirito Santo. TSF radio ...
 Reuters UK4 weeks ago Portugal's 10-year bond yield reverses falls on court's Novo Banco decision  Business Recorder4 weeks ago

BlackRock Leads Novo Banco Bondholders Suing Bank of Portugal

BlackRock Inc. is leading a group of Novo Banco SA bondholders suing the Bank of Portugal after the central bank decided to impose losses on their securities. The money manager filed the lawsuit on Friday, according to Portuguese court documents.
 Bloomberg1 month ago

Banif bailout implies high cost for taxpayers: Bank of Portugal

The Bank of Portugal's Vice Governor Jose Ramalho admitted on Tuesday that the bailout of Banco International do Funchal (Banif) had meant a high cost for taxpayers. "It is unquestioned that the resolution of Banif implied a high cost for ...
 China.org.cn1 month ago
Zacks.com

Fund firms sue Portugal's central bank over Novo Banco debt

* BlackRock, Pimco among fund firms suing central bank * Follows writing off of Novo debt worth nearly 2 bln euros * BlackRock says mutual fund savers discriminated against LONDON/LISBON, April 5 (Reuters) - A group of 14 asset managers ...
 CNBC1 month ago Fund firms sue Portugals central bank over Novo Banco debt  Reuters UK1 month ago Portuguese Central Bank Hit with Lawsuit by Asset Managers  Zacks.com1 month ago Asset managers sue Portuguese central bank  CNBC1 month ago
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Portugal's budget deficit last year higher than expected

Portugal's budget deficit last year was higher than expected due to the 2.8-billion-euro rescue of Banco International do Funchal (Banif), figures released on Thursday by the National Institute of Statistics (NIE) showed. Portugal's budget deficit ...
 China.org.cn2 months ago
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