CGD’s liabilities now pegged at €5 billion and rising
The political furore over what went wrong at State bank Caixa Geral de Depósitos – and more importantly how much it is all going to cost – is continuing to
The political furore over what went wrong at State bank Caixa Geral de Depósitos – and more importantly how much it is all going to cost – is continuing to
With a parliamentary commission being set up to identify “what went wrong”, the bottom line is that State bank Caixa Geral de Depósitos is in one heck of a financial
Marques Mendes, the former PSD leader who is now employed as a television commentator, has said this week that State bank Caixa Geral de Depósitos is preparing a restructuring plan
The thousands of Banif bank clients who lost life-savings in the ‘resolution’ pushed through by Portugal’s bank regulators in December last year are taking both the Bank of Portugal and
It has been so long in coming that many people will have already forgotten what exactly the BPN trial is about – other than the fact that it was the
As MPs knuckle down to yet another dismal banking post-mortem, former hot-shot regulator António Varela (pictured) has left no one in any doubt on the Banif disaster. “Banif was a
Controversy marked the opening of the parliamentary inquiry into the resolution of Banif Bank on Tuesday. First, documentation requested from the Bank of Portugal was being held up – on
As many as 50 economists and businessmen have signed up to a manifesto protesting against what they call the “Spanishing” of Portugal’s banks. According to Económico website, the document will
“Incalculable damages” caused by last year’s controversial Banif Bank resolution has prompted 40 investors to lodge a court action against the Bank of Portugal (BdP). The “ação de impugnação” seeks
Market regulator CMVM suspended trading on BPI stock on Wednesday morning as news that Africa’s richest woman, Isabel dos Santos, is now locked in talks with Spain’s third largest bank