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BES

Home BES Page 10

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New Zealand retirement fund sues Bank of Portugal over its “unlawful” handling of BES debacle

A New Zealand Superannuation Fund, backed by the NZ government, is the latest “heavyweight” to announce it is suing the Bank of Portugal over its handling of the BES banking

February 20, 2015by shareitIn Bank of Portugal, BES, Portugal News
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DECO lodges million-euro civil action against EspĂ­rito Santo family

In the escalating number of actions being lodged by investors “left out in the cold” by the BES good-bank/bad-bank carve up, citizens bureau DECO has now waded into the fray,

February 19, 2015by shareitIn BES, Deco, Portugal News
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Goldman Sachs limbers up for €706 million court battle with Bank of Portugal

Multinational investment firm Goldman Sachs is limbering up for major court battle with the Bank of Portugal over the 835 million dollar (€706 million) loan that was left in the

February 19, 2015by shareitIn Bank of Portugal, BES, Portugal News
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Bank of Portugal now accused of having caused BES collapse

In another week of after-shocks surrounding the biggest private banking scandal ever to hit Portugal, Luxembourg lawyers acting for creditors of EspĂ­rito Santo Financial Group (ESFG) blame the Bank of

February 4, 2015by shareitIn Bank of Portugal, BES, Portugal News
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BES boss cites key audiences with Cavaco Silva before bank collapse

As the PCP communist party accuse the Bank of Portugal of “noteworthy resistance” to furnish information to the government inquiry into the collapse of BES, Ricardo Salgado, the bank’s former

January 30, 2015by shareitIn BES, Cavaco Silva, Portugal News
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BES shareholders sue Governor of the Bank of Portugal for “injurious negligence”

As key players appear before the government inquiry into the collapse of BES, 485 shareholders have banded together to sue the Governor of the Bank of Portugal over damages they

January 29, 2015by shareitIn Bank of Portugal, BES, Portugal News
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Singing like a bird – EspĂ­rito Santo “missing” accountant spills the beans in parliament

The accountant BES boss Ricardo Salgado claimed was “missing”, sang like the proverbial bird yesterday for the parliamentary inquiry set up to establish the “truth of the facts” behind the

January 9, 2015by shareitIn BES, Portugal News
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BES Boss' sisters reduced to baking cakes

Only in Portugal could a financial scandal become a reality show. But that is what seems to have happened in the case of Banco EspĂ­rito Santo, says TV commentator Marcelo

December 16, 2014by shareitIn BES, Portugal News, Ricardo Salgado
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BES “did not fail”, it was pushed, says Salgado

In a remarkable performance, immaculate in dark business suit with lilac tie, former banking boss Ricardo EspĂ­rito Santo Silva Salgado addressed parliament today, with a reason for every accusation levelled

December 9, 2014by shareitIn BES, Portugal News
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Salgado prepares for parliamentary grilling as Chinese buy BESI

Just as Novo Banco – the good bank that rose from the disaster of BES – announces it has sold BESI (Banco EpĂ­rito Santo International) to Chinese financial services company

December 8, 2014by shareitIn BES, Portugal News, Ricardo Salgado
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