Banco Espírito Santo - The Anatomy of a Banking Scandal in Portugal
Author | : José Engrácia Antunes |
Publisher | : |
Total Pages | : 13 |
Release | : 2018 |
ISBN-10 | : OCLC:1304332676 |
ISBN-13 | : |
Rating | : 4/5 (76 Downloads) |
Download or read book Banco Espírito Santo - The Anatomy of a Banking Scandal in Portugal written by José Engrácia Antunes and published by . This book was released on 2018 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The “Banco Espírito Santo” (BES) was oldest and one of the largest Portuguese banks: it was created in 1869, precisely at the same year that Goldman Sachs was founded, and it was resolved in 2014.The present paper aims to briefly explain how a centenary bank, that survived to two World Wars, prevailed over different political regimes (Monarchy, Republic, a Revolution), and endured diverse economic regimes (nationalization, subsequent reprivatisation), has come to an abrupt end.