BES GES

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, [...]

Once problematic European banks, like Portugal’s Novobanco that suffered during the great financial crisis 10 years ago, are now in a prime position for IPOs and sell-offs according to the [...]

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 [...]

The children of the second most important director at the failed bank Banco Espírito Santo which collapsed in 2014, are trying unblock funds belonging to their father, Amílcar Morais Pires who [...]

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 [...]

China’s Haitong Bank has opened a lawsuit against Novobanco over irregularities in the sale of former Banco Espírito Santo Investments (BESI) in 2014 in a €380 million deal. The Chinese banking [...]

Dozens of crimes relating to the collapse of the Banco Espírito Santo banking empire in 2014 may never be brought to final justice because of Portugal’s statute of limitations, meaning the time [...]