Ferragudo promises new ATM “soon” as last one is removed
Ferragudo’s last ATM machine was removed by the Santander Totta bank on Monday (August 31). According to the local parish council, it was the owner of the building where the
Barclays keen to quit Portugal over renewed fears of Grexit
Barclays Bank has admitted that it is pulling out all the stops to sell what remains of its operations in Portugal for fear of what will happen if Greece shows
Brussels opens in-depth investigation into Banif Bank restructuring
The European Commission said on Friday that it has opened an in-depth investigation to assess whether state aid granted by Portugal to Banco Internacional do Funchal S.A (Banif) was compatible
Fitch “downgrades” rating on four Portuguese banks
Ratings agency Fitch has downgraded four Portuguese banks – BPI, Banif, BCP and Montepio – on the basis that new European legislation makes it less likely that financial institutions will
Bank boss “shocked” by how Portugal has become “aircraft carrier” for Chinese entry into Europe
Definitely scoring points as the bids for ownership of Novo Banco are lined up on the basis of who is offering most, Fernando Ulrich – boss of BPI – has
Millenium bcp fails spectacularly to balance books
Despite having said that it hoped to break even by the end of 2014, Millennium bcp -Portugal’s largest listed bank which failed the latest round of European stress tests –
Santander Totta voted Portugal’s Bank of the Year
In a year when “bank” has become one of 2014’s buzzwords for all the wrong reasons, Spain’s Santander Totta has once again won the “Bank of the Year in Portugal”
Shotgun bank robber strikes again
He acts alone, in a macintosh and wearing dark glasses. His modus operandi is to walk ‘calmly’ into a small branch of any bank, take out the shotgun he has
BPI takeover?
BPI, one of the two Portuguese banks that passed recent ECB stress tests, could be interested in Novo Banco – the ‘good bank’ snatched from the ashes of BES last
Troubleshooter called in to prepare Novo Banco for “quick sale”
UPDATE || As the Government comes under increasing criticism for its handling of the BES banking fracas, the Bank of Portugal has hired the troubleshooter it hopes will manage to