Banco Santander reported profits of €5.455Bn in the first quarter of the year, 60% more than in the same months of 2025, the Spanish financial group announced on Wednesday. Portugal contributed [...]
House prices in Portugal are continuing to rise in Portugal with the average price per square metre hitting €2,151 per square metre in March according to Portugal’s banks, up €29 on February. [...]
Portugal’s largest bank, the State-owned Caixa Geral de Depósitos, which was founded in 1876, is to move to its new premises later this year. The bank, which employs 2,500, currently is [...]
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 [...]
