Crisis: Espírito Santo Bank on the brink of default – Portugal
10 July 2014
Shares in Espírito Santo Financial Group (ESFG), the largest shareholder of Banco Espírito Santo (BES), Portugal’s largest non-state bank by assets, were suspended on the Lisbon and Luxembourg stock exchanges on Thursday morning, amid continued uncertainty about the group’s future. Bonds issued by ESFG’s subsidiary Espírito Santo Financière were also suspended. In a statement sent […]












