Novo Banco âmust payâ the thousands âleft out in the coldâ
Portugalâs securities market regulatory body CMVM delivered the kind of opinion in parliament yesterday that will have delighted thousands of small investors caught-up in the devastating BES tsunami. âNovo Banco
BES victimsâ warning over new letter sent out by Novo Banco
Novo Banco is reported to be sending letters out to the hundreds of small investors caught out in the BES banking debacle, telling them that they have until the end
Novo Banco âtroubleshooterâ presents âŹ468 million loss and admits he has no idea how much âgood bankâ is worth
Six months after he was called in – presented as a shrewd banker with the brief to sell Novo Banco âin the best conditions possible, as a way of minimizing
Novo Banco contradicts Bank of Portugal, sending âŹ527 million down the swanny
Contrary to what Bank of Portugal boss Carlos Costa promised investors, there is âno legal obligationâ for any of the money invested in bonds in Grupo EspĂrito Santo to be
17 âinterestedâ in the bank critics feared no-one would want
When the Bank of Portugal announced the âŹ4.9 billion bailout raised to âsaveâ BESâ healthy assets from the toxic variety last August, critics railed at the potential folly of it
Novo Banco in eye of new âŹ580 million storm
Novo Banco – the good bank salvaged from the BES financial debacle – is in the eye of a new âŹ580 million storm as the Bank of Portugal has been
Novo Banco affirms its latest âscandalâ has âzeroâ effect on recovering business
Less than a week after top-tier managers were rounded up in another high-profile police swoop targeting banking corruption, Novo Bancoâs man-at-the-helm has said all is fine and dandy. Talking to
Novo Banco sale unlikely to take place before next April
The âquick saleâ of Novo Banco – designed to recover the massive âŹ3.9 billion bailout ploughed into the bank that morphed from the ashes of scandal-torn BES – is unlikely
Novo Banco damage limitation exercise rakes in âŹ717 million
Novo Bancoâs new white knight, Eduardo Stock da Cunha, is in good odour this week as a damage limitation exercise has seen him rake in âŹ717 million from BES loans
Novo Banco: staff cuts on the horizon
After all the promises, it now seems certain that redundancies loom for employees of Novo Banco, the âgood bankâ coming out of the BES scandal. In response to questions from