“No white smoke” at midnight as Novo Banco sale remains shrouded in uncertainty
D-Day for the sale of Novo Banco came and went yesterday, with no-one any the wiser as to what has happened. “Market in the dark over winner of Novo Banco”,
D-day today for Novo Banco sale
For better or worse, the Bank of Portugal has to decide by midnight tonight on negotiations it has been having over the sale of Novo Banco. Always intended to be
Bank of Portugal requests “more time” to mount defence as crowds of “the indignant” hurl eggs at windows
With the nation’s media forever featuring photos of the governor of the Bank of Portugal Carlos Costa with eyes closed and pursed mouth resting on clasped hands, news today is
Bank of Portugal allegedly cites Montepio over Angola money-laundering and “finance of terrorism”
A new financial ‘scandal’ has been presented today in Público, alleging that the Bank of Portugal (BdP) has called in the public ministry over “suspect money-laundering operations” at CEMG –
Portugal’s bank regulator speaks out for BES victims to no avail
No matter how vociferously he supports the thousands of commercial paper holders who lost their savings in the BES ‘carve up’, the leader of Portugal’s CMVM banking regulator Carlos Tavares
Portugal’s consumer credit up 30%
Portuguese consumers were loaned much more money (€403 million) in April than the same month last year, data from the Bank of Portugal has revealed. In fact, consumer credit grew
Dramatic scenes as ruined BES investors try to storm Passos Coelho’s official residence in São Bento
Lisbon was once again the scene of violent protests today as ruined former BES investors took their rage onto the streets. Police were called and in the escalating chaos at
Carlos Costa remains in driving seat as Bank of Portugal hands out €5 million in BES “fines”
Against a background of so much controversy that he could be termed the Portuguese banking sector’s equivalent of Houdini, governor of the Bank of Portugal Carlos Costa has secured a
Bank of Portugal pays €800,000 to “friend’s firm” to oversee Novo Banco sale
With the story broken by radio TSF and now doing the rounds of national media, it appears that the Bank of Portugal is once again in hot water over the
Money-laundering ‘crackdown’ closes currency exchanges throughout Portugal
The Bank of Portugal has ordered the suspension of all operations at Money One and Transfex currency exchanges as police launch a huge investigation into drug-trafficking and money-laundering potentially linked