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Novo Banco, SA, [a] trading as Novobanco (Portuguese pronunciation: [ˈnovubɐ̃ku], lit. ' New Bank ' ), is a major Portuguese financial bank headquartered in Lisbon, Portugal. Following the entry into force of European Banking Supervision in late 2014, Novobanco has been designated as a Significant Institution and is supervised by the ...
Banco Espírito Santo (Portuguese pronunciation: [ˈbɐ̃ku (i)ʃˈpiɾitu ˈsɐ̃tu], BES) was a Portuguese bank based in Lisbon that on 3 August 2014 was split in two banks: Novo Banco, which kept its healthy operations, and a "bad bank" to keep its toxic assets.
Portugal's Novo Banco should be ready to seize the opportunity for an initial public offering when markets open up to listings, as it seeks to remain independent, its new CEO Mark Bourke told ...
On October 13, 2017, Lone Star Funds, owner of 75% of the bank Novo Banco, announced Sherman would become a member of the General and Supervising Committee (Portuguese: Conselho Geral e de Supervisão) of the latter. [12]
Lone Star was founded by John Grayken. [9] From 1993 to 1995, Mr. Grayken was chairman and CEO of Brazos Partners L.P., a joint venture between the Robert M. Bass Group and the Federal Deposit Insurance Corporation, [10] that resolved approximately 1,300 “bad bank” assets resulting from the U.S. savings and loan crisis in the early ‘90s. [11]
In 1980, Vítor Bento was admitted at Banco de Portugal as an economist for the Department of Economic Studies. In 1985 he was named Director of the Foreign Department and later executive director of the Issuing Institute of Macao (current Monetary Authority of Macao), returning to the Portuguese central bank in 1989 as deputy director of the Foreign Department, becoming its Director in 1993.
Américo d'Oliveira dos Ramos is a São Toméan banker who is the current prime minister of São Tomé and Príncipe serving since 12 January 2025. He previously served as the governor of the Central Bank of São Tomé and Príncipe, and he has also worked for the Ministry of Finance.
Banco Espírito Santo : bailed-out by the Portuguese state in 2014 and re-organised into Novobanco; Banco Português do Atlântico; Banco Português de Negócios : sold to the Angolese Bank Banco BIC in 2012; Banco Privado Português; Banif Financial Group : bailed-out by the Portuguese state in 2015 and sold to Banco Santander