Bankers

The profits from Portugal’s main five banks could result in dividends of nearly €3Bn, exceeding the €2.4Bn paid out in 2023 according to a back-of-the-envelope calculation by business daily [...]

Authorities should have stepped in quicker over GES problems says banker – and refuses to discuss €100 million loan to ESI The Chairman of bank BPI, Fernando Ulrich, called the loss of [...]

In the week that the Portuguese Association of Banks (APB) celebrates its 40th anniversary, and the former chairman of failed Banco Espírito Santo, Ricardo Salgado is being tried for fraud, [...]

One of the biggest and most media sensational trials of the past 10 years in Portugal into the collapse of the Banco Espírito Santo banking empire opened in Lisbon yesterday. The most infamous of [...]

This year marks 10 years since the collapse of the Banco Espírito Santo banking empire. David Sampson reflects on what went wrong with Portugal’s once most respected banking group. In 2006, [...]

José Guilherme, the Amadora builder and close friend of the former president of the Espírito Santo Group, Ricardo Salgado, has died at the age of 85. Guilherme became famous or infamous for his [...]

Portugal’s Central Criminal Investigation Court (TCIC) has decided to bring to trial four defendants in a corruption case associated with the failed bank Espírito Santo and its associated [...]

Nuno Matos, who headed HSBC Mexico and was Head of Santander Investment in France, Peru and Portugal, has been tipped as one of the front runner candidates to head the British bank HSBC. [...]

Portugal’s banks are embracing new smart technologies to innovate, better serve their clients and deal with fraud and cybersecurity threats. Maria José Campos, Executive Board Member and COO at [...]

The second largest Swiss bank specialising in managing private fortunes, Julius Baer Group AG, is to open a bank in Portugal in 2025. It comes after a Portuguese team of ex-Credit Suisse [...]