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Goldman Sachs faces significant loss on $835m loan to Banco Espirito Santo
Irish Times

Goldman lent $835M to BES before bailout

Goldman Sachs made a $835m loan to Banco Espírito Santo a month before the lender was bailed out. The Town Hall, 17 hours ago

453 images for bes

Hartford Courant, 1 day ago
MSN Money Canada, 1 day ago
Fidelity Brokerage Services LLC, 1 day ago
Irish Times, 1 day ago, 1 day ago
Business Insider, 1 day ago
Yahoo! News, 1 day ago
Yahoo! News Australia, 1 day ago
Times of Malta, 18 hours ago
Reuters India, 9 hours ago

Traders confidence in PH economy shaken

Results of the BSP's business expectations survey (BES) for the third quarter showed companies remained optimistic, although there were more pessimists in the current three-month period. Officials said the survey results could point to slower ...
 Philippine Daily Inquirer4 days ago Business optimism falls in Q3 on seasonal factors, controversies  Business World4 days ago Business outlook remains strong in 2H BSP survey  Manila Bulletin3 days ago PHL business less optimistic  Business Mirror3 days ago

Apollo (APO) in Talks to Buy BES Insurance Unit for Euro 200M

Apollo Global Management, LLC ( APO ) is in discussion with distressed Portuguese bank Banco Espirito Santo (:BES) to buy the latter's insurance unit Tranquilidade. Apollo is expected to shell out around €200 million ($264.6 million) for this ...
 Yahoo! Finance1 week ago Apollo in talks to buy Portuguese insurer from BES successor-Reuters  ACQ Magazine1 week ago

Credit Suisse says arranged but did not sell BES securities

Credit Suisse on Tuesday confirmed it arranged securities on behalf of Banco Espirito Santo SA. ZURICH: Credit Suisse on Tuesday confirmed it arranged securities on behalf of Banco Espirito Santo SA, but said that it had not sold or advised any clients or ...
 Economic Times2 weeks ago

Europe Factors to Watch-Shares set to halt sell-off; eyes on BES

PARIS, Aug 4 (Reuters) - European stocks were seen inching higher on Monday,halting last week's sell-off, although gains could be limited as trouble atPortugal's Banco Espirito Santo rekindles worries over the health ofthe euro zone banking sector. Following ...
 Sify4 weeks ago European shares halt sell-off; Portugal in focus  Economic Times4 weeks ago Europe Factors to Watch-Shares seen steady; BES in focus  Sify1 month ago Asia stocks steady after Wall Street rally, dollar off peaks  Sify4 weeks ago

Robust earnings help European stocks to bounce back

* FTSEurofirst 300 up 0.6 pct, Euro STOXX 50 up 0.4 pct * Credit Agricole bounces despite massive BES hit * Market rebound seen as technical By Blaise Robinson PARIS, Aug 5 (Reuters) - European shares gained ground onTuesday in a tentative rebound following ...
 Sify4 weeks ago European shares recover as BES and miners bounce back  Sify1 month ago European bank relief lifts global stocks, lowers bond yields  Sify4 weeks ago Earnings, M&A help Europe stocks recover  Sify4 weeks ago

European shares rise, helped by Shire bid

* FTSEurofirst 300 up 0.7 pct * Shire to recommend shareholders accept AbbVie offer * BES still weak after triggering market sell-off last week By Alistair Smout EDINBURGH, July 14 (Reuters) - European shares rose onMonday, boosted by M&A activity in the ...
 Sify1 month ago European shares advance as Portugal rebounds  Sify1 month ago European shares receive boost as Portuguese market recovers poise  Sify1 month ago European shares advance, Shire boosts drugmakers  Sify1 month ago

ECB's blushes spared in BES bail-in

European Central Bank image was restored when senior bond holders of Portugal based Banco Espirito Santo were bailed-in where ECB was major creditor. LONDON:There was some surprise in the market when holders of senior bonds escaped a bail-in in the rescue of ...
 Economic Times3 weeks ago

Over 2,600 organisations in India switch to BlackBerry BES 10

Launched in India in June 2014, the promotional programme has found remarkable acceptance amongst existing and competitive base in India. Buoyed by the overwhelming response to its EZ Pass Programme in India, Canadian handset maker BlackBerry today said more ...
 Economic Times3 weeks ago Over 2,600 Organizations In India Switch To Blackberry BES 10  Silicon India3 weeks ago Over 2,600 firms in India switch to BlackBerry BES 10  Economic Times3 weeks ago

Novo Banco leaves 4.4 bn euros behind in BES "bad bank"

Total liabilities stood at 58.2 billion euros, including almost 32 billion in clients' funds, mainly deposits. LISBON: Novo Banco, the "good bank" carved out of Portugal's troubled lender Banco Espirito Santo on Sunday, has started with assets worth 59.6 ...
 Economic Times4 weeks ago Portugal's Novo Banco leaves 4.4 billion euros behind in BES "bad bank"  Economic Times4 weeks ago
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