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|View BKESF Detailed Price Forecast - CNN Money||View BKESF Detailed Summary - Google Finance|
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|View Historical Prices for BKESF - The WSJ||View Performance/Total Return for BKESF - Morningstar|
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Portugal Wants to Move on From Bank Collapse
Posted on Wednesday August 02, 2017
For Portugal, there’s a before and an after Banco Espirito Santo.
OFFICIAL CORRECTION-UPDATE 1-Bondholders seek to block Novo Banco sale over bond transfers
Posted on Tuesday April 11, 2017
Bondholders led by U.S. fund Blackrock have filed an injunction to block the sale of Portugal's Novo Banco over the central bank's transfer of bonds worth 2.2 billion euros ($2.33 billion) to a bank for bad loans, the group said on Tuesday. The transfer in 2015 of the bonds from Novo Banco to Banco Espirito Santo, which was turned into "bad bank" after it collapsed in 2014, led to losses for bondholders of around 1.5 billion euros, the group said in a statement.
US equity fund buys troubled Portuguese bank for $1 billion
Posted on Friday March 31, 2017
LISBON, Portugal (AP) — Portugal's government is selling the remnants of a bankrupt bank to the U.S. equity firm Lone Star for 1 billion euros ($1.06 billion).
US equity firm closes in on purchase of Portuguese bank
Posted on Monday February 20, 2017
LISBON, Portugal (AP) — Portugal's central bank says it has picked U.S. private equity firm Lone Star for exclusive final negotiations on its bid to buy Novo Banco, the so-called good bank salvaged by the Portuguese government from the collapse of major lender Banco Espirito Santo.