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Zoek nieuws:Sla Portugal op in uw uitdrukkingenlijst

Bank of Portugal picks new CEO for BES successor Novo Banco
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. Eduardo Stock da Cunha, 51, an experienced international banker who has worked at lenders like Santander and Lloyds in Britain, Portugal, Spain and ...
Sun, 14 Sep 2014 10:44:47 -0700

Bosses charged with rebuilding Portugal's BES bank quit after two months
By Andrei Khalip LISBON (Reuters) - The rebuilding of Portugal's Novo Banco - the successor to Banco Espirito Santo (BES) after a state rescue last month - was dealt a blow on Saturday with the resignation of the three men handpicked by the central bank in July to turn BES round. Chief Executive Vitor Bento, finance director Joao Moreira Rato and deputy CEO Jose Honorio said they were leaving ...
Sat, 13 Sep 2014 10:02:43 -0700

Portugal bank slated for sale gets new management
LISBON, Portugal (AP) — The Bank of Portugal has appointed a new senior management team to run Novo Banco, a bank which the government wants to sell and recoup the 3.9 billion euros ($5 billion) taxpayers provided to resolve Portugal's biggest financial scandal.
Sun, 14 Sep 2014 10:13:32 -0700

Portugal looks for speedy sale after Novo Banco reshuffle
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 further risks. His comments came two days after the rebuilding of Novo Banco was dealt a blow with the resignation of the three men handpicked by the ...
Mon, 15 Sep 2014 09:34:00 -0700

Goldman partner says Novo Banco should attract foreign bidders
Portugal's Novo Banco, the successor to Banco Espirito Santo (BES) after a state rescue, will likely attract bids from foreign banks, a partner at U.S. The Portuguese government is seeking to sell Novo Banco swiftly to recover 4.9 billion euros ($6.34 billion), mostly public funds, poured into the lender last month. "It's a great opportunity for any bank that wants to have a foothold in Portugal ...
Tue, 16 Sep 2014 08:24:55 -0700

Portugal coach Bento pays the price of failure
(Reuters) - Portugal coach Paulo Bento lost his job on Thursday after a calamitous start to the Euro 2016 qualifying campaign following a dismal World Cup. The Portuguese Football Federation confirmed his departure, which had looked inevitable after the shock 1-0 home defeat by rank outsiders Albania on Sunday, in a statement and said the decision had been mutual. Portugal fans booed the team ...
Thu, 11 Sep 2014 23:59:24 -0700

Portugal coach Bento leaves after poor results
Portugal coach Paulo Bento has quit because of poor results, including a 1-0 shock defeat against Albania. Bento's departure was by mutual agreement, and his replacement would be announced soon, the Portuguese Football Federation said in a statement on Thursday without elaborating. Bento took charge four years ago and steered Portugal to the 2012 European Championship semifinals. They exited in ...
Thu, 11 Sep 2014 09:55:29 -0700

Leadership of revamped Portugal bank to resign
LISBON, Portugal (AP) — The leadership of Portugal's Novo Banco bank says it is resigning — just two months after being named to manage positive assets of the former Banco Espirito following its collapse and division into two parts under Portuguese government intervention.
Sat, 13 Sep 2014 07:45:18 -0700

Soccer-Portugal coach Bento pays the price of failure
(Adds background, details) Sept 11 (Reuters) - Portugal coach Paulo Bento lost his job on Thursday after a calamitous start to the Euro 2016 qualifying campaign following a dismal World Cup. The Portuguese Football Federation confirmed his departure, which had looked inevitable after the shock 1-0 home defeat by rank outsiders Albania on Sunday, in a statement and said the decision had been ...
Thu, 11 Sep 2014 10:55:01 -0700

Portugal avoids recession with second-quarter growth
Portugal, which exited a multi-billion euro bailout scheme in May, returned to growth in the second quarter, avoiding recession in spite of a banking crisis. Portugal's gross domestic product grew by 0.3 percent in between April and July, the National Institute of Statistics (INE) said on Monday. The rebound "is mainly down to the progression of exports of goods and services," the INE said in a ...
Mon, 08 Sep 2014 08:25:41 -0700


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