US financial consultants Bain & Company are in Lisbon with a 6-month rescue plan for troubled Portuguese bank Montepio. Bain & Company is one of the world’s top business consulting firms [...]
A discrepancy has erupted over the financial results of troubled Portuguese bank Montepio. The former CEO of Caixa Economic Montepio Geral, Félix Morgado, had announced profits of €30.1 [...]
The Bank of Portugal has frozen Montepio’s capital investment fund on the grounds the product lacks transparency. The fund was advertised through branches of Caixa Económica Montepio Geral [...]
The board chairman of troubled Portuguese bank Montepio, Tomás Correia is facing a challenge to his leadership. Company top brass candidates defeated in the last elections are drawing up a new [...]
David Samson, former publisher of People & Business magazine, reflects on how Portugal’s banking system has been overhauled since the financial crisis of 2008.