Banco de Portugal

Type: Company
Name: Banco de Portugal
First reported Sep 30 2014 - Updated Sep 30 2014 - 4 reports

Portugal sounds out Spanish banks on Novo Banco sale: sources

By By | Reuters – 6 minutes agoReuters/Reuters - Workers install the new logo of Portuguese Novo Banco (New Bank) at their Lisbon office September 22, 2014. REUTERS/Hugo CorreiaBusiness News »OTTAWA - Canada's broadcast regulator is hitting the 'delete' ... [Published Yahoo! Canada - Sep 30 2014]
First reported Sep 30 2014 - Updated Sep 30 2014 - 1 reports

Novo Banco sale - no pressure then...

Portugal’s Economy Minister has praised Novo Banco boss Stock da Cunha while distancing himself and the government from a sale timetable, "It is not for the Government to conduct" the sale of the bank.Pires de Lima said today that he expects the administration ... [Published Algarve Daily News - Sep 30 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

Novo Banco to Offer Plan for Banco Espirito Bondholders

LISBON--Portugal's Novo Banco, which kept the good assets of collapsed Banco Esprito Santo SA, will propose that retail clients holding certain bonds of its former bank convert their investments into deposits so they can recover them in full, according ... [Published 4 Traders - Sep 26 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

EU Fourth Central Bank Agreement Gets in Effect No Gold Sales Planned

ECB and other central banks announce the fourth Central Bank Gold Agreement The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of Greece, ... [Published OANDA Forex Blog - Sep 26 2014]
First reported Sep 26 2014 - Updated Sep 26 2014 - 1 reports

Novo Banco to convert BES clients' debt products into deposits

(Adds expected start, details on products, context) By LISBON, Sept 26 (Reuters) - The successor to Portugal's Banco Espirito Santo (BES) will propose that retail clients with senior debt products from the bailed-out lender convert their investment into ... [Published Sharenet - Sep 26 2014]
First reported Sep 24 2014 - Updated Sep 24 2014 - 1 reports

Is Now the Right Time to Buy Splunk?

Let’s talk about Splunk ( SPLK ).It was a featured stock on my show on August 28, and right after it went from $45 straight to $60, the target I mentioned that night. Recently it has drifted a little under $55.It’s a high-flying tech name. It’s an application ... [Published FOXBusiness.com - Sep 24 2014]
First reported Sep 24 2014 - Updated Sep 24 2014 - 1 reports

New 10 euros bank note in circulation

In another classic example of forward-planning, the Bank of Portugal has announced that the new €10 note, coming onto the market today (Tuesday), may not be accepted by all payment machines.“We cannot guarantee that all machines will accept the note,” ... [Published Portugal Resident - Sep 24 2014]
Entities: Banco de Portugal
First reported Sep 15 2014 - Updated Sep 16 2014 - 3 reports

Roundup: Portugal seeks to sell oof Novo Banco after board reshuffle

By Marina Watson Pelaez and Catarina Aleixo The Bank of Portugal decided on Monday to sell off the Novo Banco, successor to the country's largest private bank Banco Espirito Santo (BES), as soon as possible.The bank also announced on the same day that ... [Published Individual.com - Sep 15 2014]
First reported Sep 14 2014 - Updated Sep 14 2014 - 10 reports

New head for Portugal's 'good bank' Novo Banco

By AFP | AFP  –Former Lloyds banker Eduardo Stock da Cunha is to take over the helm at Novo Banco, the "good bank" created after the bail-out of stricken Portuguese lender Banco Espirito Santo (BES), after its president stepped down on Saturday.Stock ... [Published Yahoo! Maktoob News - Sep 14 2014]
First reported Sep 13 2014 - Updated Sep 14 2014 - 3 reports

XINHUA - Bank of Portugal Governor seeks to reshuffle board of Novo Banco

Bank of Portugal Governor seeks to reshuffle board of Novo BancoContributed by NAMPA / Xinhua.LISBON, Sept. 13 (Xinhua) -- The Bank of Portugal Governor Carlos Costa, is looking to reshuffle the board of directors of newly-created Novo Banco after it ... [Published Namibia Press Agency - Sep 13 2014]
First reported Sep 10 2014 - Updated Sep 10 2014 - 3 reports

XINHUA - Portuguese authorities deny pushing former BES chief to step down

Portuguese authorities deny pushing former BES chief to step downContributed by NAMPA / Xinhua.LISBON, Sept. 10 (Xinhua) -- Portuguese Prime Minister Pedro Passos Coelho and Bank of Portugal Governor Carlos Costa denied allegations on Wednesday that they ... [Published Namibia Press Agency - Sep 10 2014]
First reported Sep 04 2014 - Updated Sep 05 2014 - 2 reports

Civil suits to block Bank of Portugal 'carve up' of BES

A number of legal firms are this week putting together civil suits to try and block the Bank of Portugal’s controversial BES/Novo Banco carve-up.Working for shareholders prejudiced in the good bank/bad bank deal, the firms are also understood to be targeting ... [Published Portugal Resident - Sep 05 2014]

Quotes

Pires de Lima considers Novo Banco’s CEO, Eduardo Stock da Cunha as "the kind of person who is able to fulfill two missions: to continue in the market and pave the way to the bank be sold within a reasonable period, i e. during 2015."
"For now there is no formal sales process, nor is it clear exactly how much of Novo Banco is up for sale, though it's estimated to be about 70 billion euros ($88 billion) worth of assets" one of the sources said, on condition of anonymity
João Amaral Tomaz at the Bank of Portugal commented that "We can not ensure that all equipment is able to accept the new €10 note as from tomorrow, since many machines are owned by traders or companies which can not be forced to adapt their machined in time."

More Content

All (162) | News (123) | Reports (0) | Blogs (37) | Audio/Video (1) | Fact Sheets (1) | Press Releases (0)
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Portugal: Confidence returns [Published Investment Pensions Europe - 10 hours ago]
Novo Banco sale - no pressure then... [Published Algarve Daily News - Sep 30 2014]
Portugal sounds out Spanish banks on Novo Banco... [Published Yahoo! Canada - Sep 30 2014]
Portugal sounds out Spanish banks on Novo Banco... [Published Yahoo! Finance UK and Ireland - Sep 30 2014]
Portugal Sounds Out Spanish Banks On Novo Banco... [Published Clusterstock - Sep 30 2014]
Portugal sounds out Spanish banks on Novo Banco... [Published Mail Online UK - Sep 30 2014]
Demand For Physical Gold Remains Strong As Bull... [Published Investing.com - Sep 30 2014]
FIG in the capital markets: returning home to e... [Published GlobalCapital - Sep 29 2014]
Novo Banco to Offer Plan for Banco Espirito Bon... [Published 4 Traders - Sep 26 2014]
EU Fourth Central Bank Agreement Gets in Effect... [Published OANDA Forex Blog - Sep 26 2014]
Novo Banco to convert BES clients' debt product... [Published Sharenet - Sep 26 2014]
Is Now the Right Time to Buy Splunk? [Published FOXBusiness.com - Sep 24 2014]
New 10 euros bank note in circulation [Published Portugal Resident - Sep 24 2014]
Net tightens on BES Angola’s “lost” €4.2 million [Published Portugal Resident - Sep 23 2014]
Portugal's Millennium to adopt deferred tax regime [Published Sharenet - Sep 23 2014]
Smaller new €10 note released on Tuesday [Published Algarve Daily News - Sep 22 2014]
Swiss regulator pounces on BES subsidiary [Published Algarve Daily News - Sep 22 2014]
Portuguese Banking System: Latest developments ... [Published Banco de Portugal - Sep 22 2014]
ON THE MONEY: Gill Marcus decision hardly surpr... [Published BDlive - Sep 22 2014]
Press Release of Banco de Portugal on measures ... [Published Noodls - Sep 20 2014]
Statistical press release: Banco de Portugal re... [Published Noodls - Sep 20 2014]
Portuguese economy declines as domestic consump... [Published Algarve Daily News - Sep 19 2014]
Lloyds boss says 'Novo Banco is attractive' [Published Algarve Daily News - Sep 19 2014]
Espirito Santo Swiss Demise Threatens Depositor... [Published Washington Post - Sep 19 2014]
BES blues for investors [Published Portugal Resident - Sep 18 2014]
Portugal Jan-July current account swings to def... [Published Business Recorder - Sep 18 2014]
New BES banking horrors impact on small investors [Published Portugal Resident - Sep 17 2014]
Portugal : PORTUGAL declares introduction of ne... [Published HispanicBusiness.com - Sep 17 2014]
Bento leaves Novo Banco with reputation intact [Published Algarve Daily News - Sep 16 2014]
Goldman partner says Novo Banco should attract ... [Published Reuters - Sep 16 2014]
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Blogs

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Portugal Sounds Out Spanish Banks On Novo Banco... [Published Clusterstock - Sep 30 2014]
By Jesús Aguado MADRID (Reuters) - Portugal has begun sounding out Spanish banks on their interest in buying Novo Banco, the successor to the state-rescued Banco Espirito Santo (BES), several sources familiar with the talks said on Tuesday. Spain's ...
EU Fourth Central Bank Agreement Gets in Effect... [Published OANDA Forex Blog - Sep 26 2014]
ECB and other central banks announce the fourth Central Bank Gold Agreement The European Central Bank, the Nationale Bank van België/Banque Nationale de Belgique, the Deutsche Bundesbank, Eesti Pank, the Central Bank of Ireland, the Bank of Greece, ...
Portugal Looks For Speedy Sale After Novo Banco... [Published Clusterstock - Sep 15 2014]
By Andrei Khalip LISBON (Reuters) - Portuguese Prime Minister Pedro Passos Coelho stood by government policy toward the remains of failed Banco Espirito Santo (BES) on Monday, saying a quick sale of its successor Novo Banco was necessary to avoid ...
Portugal’s Central Bank Appoints New BES CEO [Published OANDA Forex Blog - Sep 15 2014]
The Bank of Portugal on Sunday picked a new chief executive for Novo Banco, successor to Banco Espirito Santo (BES), following the embarrassing resignation of its three top managers appointed only two months ago. Eduardo Stock da Cunha, 51, an experienced ...
Bank Of Portugal Picks New CEO For BES Successo... [Published Clusterstock - Sep 14 2014]
By Andrei Khalip LISBON (Reuters) - The Bank of Portugal on Sunday picked a new chief executive for Novo Banco, successor to Banco Espirito Santo (BES), following the embarrassing resignation of its three top managers appointed only two months ago. ...
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Audio/Video

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Portugal a contagion fear - or maybe not [Published Reuters Video: Business - Jul 11 2014]
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