PDA

View Full Version : Bank on Banco Santo now



Canarian Weekly
07-08-2014, 19:50
TROUBLED lender Banco Espirito Santo (BES) is set to be rescued by Portugal’s central bank. The group will be split into two – a “good bank” with the healthy assets and a “bad bank” featuring the riskier ones. The good bank, to be called Novo Banco, will be loaned 4.9bn euros (£3.9bn) from what is […]

More... (http://www.canarianweekly.com/bank-banco-santo/)