The European Central Bank (ECB) has given the green light to the acquisition of Novobanco by the French financial group BPCE, according to news source Observador, paving the way for the operation [...]
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 [...]
Portuguese private bank Bison Bank doubled its profits in 2025 to €5 million its CEO, António Henriques announced at a press conference today. Henriques said that the bank had enjoyed its “best [...]
A legal case brought by Portuguese bank BCP in 2017 against the architects of the model of sale for Novobanco to US equities fund Lone Star will continue in the courts despite the fact that [...]
The growing number of overseas relocants and investors in Portugal is seen as an “interesting market” by António Luna Vaz, the CEO of BPI Private Banking. BPI currently lacks the tools to compete [...]
Montepio Geral – Associação Mutualista (MGAM) concluded its 2022-2025 strategic cycle with a robust financial performance, reinforcing its equity to €921 million, a significant increase [...]
The sale of State bank CGD’s share of CGD Brazil is entering a second phase in which four interested parties will be invited to continue the competition. A source familiar with the process has [...]
The BusinessEurope Barometer 2026 has revealed that only 19% of businesses quizzed think that there have been improvements in conditions to attract investments to the EU while a third think they [...]
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. [...]
The Bank of Portugal, lead by Álvaro Santos Pereira, has asked the banks if the low mortgage spread rates they are charging accurately reflect all of the inherent costs in providing a home loan. [...]
