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Espirito Santo

finma

Swiss watchdog investigates Espirito Santo private bank

03/09/2014(0)
Switzerland’s financial regulator said on Wednesday it is investigating Banque Privee Espirito Santo SA (BPES), a Swiss private bank which is part of the Espirito Santo family’s troubled business ... Read More
A man reads the front pages of various newspapers announcing Portugal's central bank's decision to rescue troubled lender Banco Espirito Santo (BES) in a 4.9 billion euro ($6.6 billion) recapitalisation in Lisbon in this August 4, 2014 file photo. REUTERS/Hugo Correia/Files

The billion-dollar fall of the house of Espirito Santo

29/08/2014(0)
On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two letters to ... Read More
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