Portugal’s high street bank BCP has gone to the bonds market with a €500 million securities issue. It will be the first operation to put new bonds on the market since BCP recovered its investment [...]
The Bank of Portugal has issued a new reporting regulation for the top brass of financial institutions that will have to report fat cat salaries. The supervisor in Portugal is following the lead [...]
A leading Portuguese banker said on Tuesday that increasing interest rates for small investors with €1000 or so just isn’t worth it for the banks and would cost them a small fortune. However, [...]
Novobanco is to again attempt to sell the €37 million debt attached to a hotel in Figueira da Foz which has been nicknamed the ‘Titanic’ because of its shape. The hotel Eurostars Oasis Plaza was [...]
Ricardo Salgado, he former banker who headed Banco Espírito Santo and was instrumental in its eventual collapse in 2014, has been served with an eight year prison sentence for abuse of trust. His [...]
