One of Portugal’s top bankers has lamented that Portugal is unlikely, in his opinion, to grow its economy sustainably more than 2%. Miguel Maya, the CEO of high street bank Millennium bcp, said [...]
When it comes to fat cat salaries in the banking sector, you would think that the bank with the highest profits would pay its CEO the highest salary to reflect that performance. But State-owned [...]
Portugal’s banking sector has rejected criticisms from the country’s Minister of the Economy that banks are being so overly cautious in granting corporate loans that it is harming the economy. [...]
Portugal’s ex-director of taxes, José Azevedo Pereira, who was until recently CEO of Eurobic, has been appointed to lead the country’s mutualist bank Montepio. It means that current CEO, Pedro [...]
Portugal’s former central bank governor, Mário Centeno, has officially apply for the post of vice-president of the European Central Bank (ECB). According to the news sources RTP and ECO, the [...]
Virgílio Lima has had his term in front of the mutual association Montepio renewed for the period 2026-2029. The decision was made at a board meeting on Friday. It means that he will once again [...]
The European Commission approved the sale of Portugal’s Novobanco to the French banking group BPCE, the second largest banking group in France which will now be the sole shareholder of Portugal’s [...]
The CEO of Portugal’s largest clearing bank, the publicly-owned Caixa Geral de Depósitos (CGD), Paulo Macedo commenting on the theme ‘Portuguese Investment Outlook in Perspective’ and the [...]
Portugal’s banking sector is not exactly known for placing women in high places, but that looks set to change with the expected announcement that Isabel Guerreiro is tipped to succeed Pedro [...]
Portuguese bankers believe that ex-governor of the Bank of Portugal and former Finances minister Mário Centeno would be a good choice for the position of Vice President of the European Central [...]