Banks lose €7.6Bn in deposits
Portugal’s banks have lost a massive €7.6Bn in deposits since the start of the year, closing April with the lowest level of new deposits for a year. According to data from the Bank of Portugal, [...]
Ex-finance minister joins Morgan Stanley
The ex-finance minister, Maria Luís Albuquerque has been appointed to the European subsidiary of Morgan Stanley. The economist made the announcement via LinkedIn that she had joined the [...]
Montepio to sell share in CUF company for €1 million
The mutual financial services company Montepio is to sell its 27% share in the health and safety at work company Sagies (Group CUF) for €1 million. Sagies has been in the market for 30 years. CUF [...]
