Bank of Portugal warns of “another unlicensed credit agency”
The Bank of Portugal has issued a warning over ‘another unlicensed credit agency’. SF – Soluções Financeiras (website https://solucoesfinanceiras.pt): “is not authorised to carry out in Portugal any financial activity
Brexit ‘obliges Bank of Portugal to give €28.6 million to ECB’
Headlining in Portugal today is the news that Brexit has “obliged the Bank of Portugal to give €28.6 million to the ECB (European Central Bank)”. It’s just part of the
Hope for fleeced BES investors
Almost six years since Portugal woke up to financial horrors unleashed by the collapse of BES, judges have concluded that they can’t decide whether or not Portugal’s banking regulator –
New ‘brakes on credit’ announced by Bank of Portugal
The Bank of Portugal has announced new brakes on rules for extending credits to families. Say reports, maximum terms for personal credits will be reduced from 10 to seven years,
New calls for dismissal of Governor of Bank of Portugal – this time over alleged complicity in “insider dealing on epic scale”
Governor of the Bank of Portugal Carlos Costa has yet another drama to deal with this week as the Luanda Leaks dossier compiled by the International Consortium of Investigative Journalists
“Opaque transparency”: Bank regulator reveals ‘largest debtors’… in code
After weeks and months of paper-shuffling, Portugal’s banking regulator the Bank of Portugal has made public the list of large debtors that MPs so vociferously demanded. These are the account
Bank of Portugal has till Thursday to release names of ‘easy-rider’ VIP debtors
The Bank of Portugal has until Thursday to reveal the list of debtors it wanted to keep secret. At issue, explain reports, are ‘large debtors’ who received ‘public funding’ to
Portugal’s gold reserves increase in value by €1.535 billion in just one year
The good news in a week when Portugal heard it was exiting the excessive deficit procedure is that the Bank of Portugal has announced that the country’s 382.5 tons of
Merril Lynch wins first round in bid to reverse Bank of Portugal’s “catastrophic bond dump”
Merrill Lynch, the global wealth and investment management division of Bank of America, has won an important battle in the hard-fought campaign to reverse Bank of Portugal’s “catastrophic bond dump”
Spanish lawsuit joins pile of outraged investors targeting Bank of Portugal
A Spanish group of investors – among them a police pension fund – has lodged a legal suit over Bank of Portugal’s handling of so-called BES resolution. Forty-four investors are