Shareholders sue PT over €900 million ‘lost’ in BES scandal
As the Attorney General’s office announces it has launched ‘various inquiries’ into the banking crisis within Grupo Espírito Santo (GES), news comes that as many as 50 shareholders in Portugal
BES turns over new leaf to get back on its feet
Banco Espírito Santo, one of Portugal’s biggest banks, is under new management since Monday (July 14) following pressure from the country’s central bank for BES to be released from the
BES – there is no need for state to intervene says PM
BES Update || Pedro Passos Coelho has said that “there is no reason for the state to intervene..” following concerns about the stability of the Banco Espirito Santo (BES) bank,
BES shares suspended following drop of 17 per cent
Shares in one of Portugal’s biggest banks were suspend today (July 10) after the shares fell by 17 per cent following fears concerning accounting irregularities and the financial health of
ATM boss to take over as chairman of BES
BANK || Vítor Bento, the current president of SIBS, the company that manages the ATM (Multibanco) machines in Portugal, has been officially proposed as the new chairman of Banco Espírito