DECO informs…“What is DECO’s stance over small shareholders affected by the BES crisis?”
DECO has an online complaint form available for small shareholders who have been affected by the BES crisis. Its goal is to collect data that will help find the best
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
Civil suits to block Bank of Portugal 'carve up' of BES
A number of legal firms are this week putting together civil suits to try and block the Bank of Portugal’s controversial BES/Novo Banco carve-up. Working for shareholders prejudiced in the
Marão tunnel moves forward
Just when it looked like the future of the long-awaited Marão tunnel had hit another brick wall, construction company Opway – part of the bankrupt Grupo Espírito Santo – has
Novo Banco embarks on “butterfly” publicity campaign
As Novo Banco’s beleaguered employees turned their computers on for the day on Friday, they were greeted with the institution’s latest attempt at image-change: the new logo that is designed
Novo Banco offloads Tranquilidade as Cavaco Silva now named in developing BES intrigue
Announced this morning in Jornal de Negócios is the rushed sale of BES’ tainted insurance group, Tranquilidade. Going for “just” €50 million – that’s just a quarter of what it
Bank of Portugal “prepared for collapse of Novo Banco”
Despite all the assurances from the Bank of Portugal that Novo Banco – the so-called “good bank” that has risen from the ashes of BES – is “stronger and more
BES’ “small shareholders” demand compensation as new ‘black hole’ looms over BPN nationalisation
Small investors caught up in the BES good bank/bad bank carve-up are now drawing up a petition demanding compensation from the government for money lost as share prices collapsed. The
BES shockwaves continue: hundreds of small investors caught up in the chaos
As the shockwaves of the BES banking collapse reverberate through Portugal, consumers’ champion DECO has revealed that it is considering court action over the “more than 800 calls for help
Stock market tumbles as former BES customers stampede to other banks
On the day Portugal’s finance minister, along with the Governor of the Bank of Portugal, will be facing tough questions in Parliament over the BES banking debacle, news comes thick