Banco Espirito Santo

Portugal’s special brand of socialism, sometimes called “the fourth way”, appears to be running out of road. As the second wave of the coronavirus pa(...)

Portuguese lender Novo Banco, where former AIB chief financial officer Mark Bourke took over as finance head earlier this year, has agreed to sell alm(...)

How the roles have reversed: The coloniser, some Portuguese contend, has been colonised. On the Portuguese coast of Cascais, where the nation’s royal (...)

With a population of 2.7 million Lisbon is not the largest of EU capitals and it keeps a relatively low profile, but lately it has been making a name (...)

Mike Ashley, the billionaire owner of Sports Direct, won a court ruling denying a former employee’s claim that the retail tycoon made a legally bindi(...)

Portugal’s central bank has chosen US private equity firm Lone Star as the leading candidate to buy Novo Banco, the bank which was carved out of colla(...)

Portugal’s central bank has effectively imposed losses of nearly €2 billion on senior bondholders in Novo Banco, the ‘good bank’ that emerged in last (...)

Portugal’s Novo Banco is set to fall into Chinese hands in a more than €4 billion deal that would be the biggest European financial services acquisiti(...)

Just over a year after Portugal Telecom announced a planned merger with Brazil’s Oi, which aimed to create a leading global brand, both firms have bec(...)

The sale of Novo Banco, the lender that emerged from the breakup of Portugal’s Banco Espirito Santo, has drawn interest from 17 entities after firms i(...)