A former secretary of State for Finances has accused the former PSD government of having lied to the Portuguese over the winding up of Banco Espírito Santo and the creation of Novo Banco which [...]
Portuguese banker António Horta-Osório has received a knighthood in the Queen’s birthday honours list for steering Lloyd’s Banking Group back to profit and private ownership after the financial [...]
Portugal’s bank BCP is preparing to downscale its workforce by around 1000 staff. The bank is embarking on a programme of reform and amicable redundancies from next week. Staff were informed of [...]
The Spanish digital bank WiZink which operates in Portugal has suffered a fall in profits by 61% to €8.5 million. The fall was partly down to a fall in taking out loans in both countries because [...]
Portugal’s parliamentary MPs involved in a public inquiry into how vast loans backed insufficient security were granted by a bank that collapsed in 2014 now want access to an unpublished report [...]
The Portuguese State could take a direct shareholding of 2% in Novo Banco next year and become a shareholder in three other banks. Bison Bank, Haitong Bank – both owned by Chinese investors [...]
Analysts at CaixaBank/BPI have upped the target-price for BCP – Banco Comercial Português by 28.57% to 18 cents per share following good Q1 operational results from the bank led by Miguel [...]
The Portuguese finance minister João Leão has called on the Portuguese parliament to stop over dramatising the amount of money paid into the Resolution Fund to keep the bank’s capitalisation [...]
A bankrupt shopping centre in Miraflores on the outskirts of Lisbon is on the market again for €5.3 million. It is the third time that the shopping centre, the first from the Dolce Vita brand in [...]
The Portuguese parliament has approved extending the date limit of a public inquiry into alleged mismanagement at Banco Espírito Santo which collapsed in 2014 and its successor Novo Banco which [...]
