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
No-No- Novo Banco: administrative team walks out
Less than two months after Vítor Bento took over the reins at Novo Banco – the ‘good bank’ rising from the ashes of scandal-ridden Banco Espírito Santo – the well-respected
Hackers target Novo Banco and Bank of Portugal
On the day Novo Banco revealed its new logo, Internet hackers connected with the Anonymous movement splashed hundreds of email addresses from the bank across its facebook page. Under the
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 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