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By 1917, the bank had changed its name to Nonell Hermanos, and in the 1920s, it was further rebranded as Banca Nonell. In 1946, Claudio Güell y Churruca, the Count of Ruiseñada, took control of the bank and renamed it Banco Atlántico. In 1961, the descendants of Güell sold their shares to a new group of investors.
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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
In 1994, BPA opened a representative office in Caracas, and set up a subsidiary in the Cayman Islands, BPA Overseas Bank. In 1997, Wachovia Bank acquired a majority interest in Banco Portugues do Atlantico-Brasil, which at the time was a $100 million-asset bank based in São Paulo. The bank was engaged principally in corporate trade finance.
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Jardim Gonçalves was born and raised in Madeira until settling in continental Portugal to study and eventually pursue a business career. At University of Coimbra he read Civil Engineering. In the late 1950s he moved to Porto where we got his degree in Civil Engineering, from the University of Porto in 1961.