Banco Espirito Santo (BES) is a multispecialist financial Group with a Private Banking division that provides for highly specialized, independent financial advising.
BES’s milestones are the clear manifestation of a legacy built up through a consistent strategy and a balanced and stable management. BES pursues a strategy of organic growth in the domestic market complemented by an international presence focused on markets with cultural and/or economic affinities with Portugal, as well as markets showing high potential in specific areas where the group holds particular skills. In the development of its international activities, the group exports its expertise and skills in Private Banking, Corporate Banking and Investment Banking, taking advantage of the existing affinities with the Spanish market as well as with Portuguese speaking countries, in particular Angola and Brazil.
US gains access to European banking data - 01.08.2010 US terror investigators can now take advantage of the terms of an agreement drawn up with the EU, which gives them access to the details of bank transfers taking place between the EU and the rest of the world. Source: Deutsche Welle
Results of the 2010 EU-wide stress testing exercise - 23.07.2010 Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. Source: The Committee of European Banking Supervisors (CEBS)
European banks face stress test - 08.07.2010 The European Union and European Central Bank are pushing for more than 100 European banks to be stress tested, in an effort to avert another financial crisis. Source: Financial News
Siemens plans to set up its own bank - 30.06.2010 German industrial conglomerate Siemens AG plans to set up a bank of its own in an effort to reduce risks of financing difficulties following the economic crisis, the company said Monday. Source: Associated Press
Greek leader considers action against US banks - 17.05.2010 Greece may investigate U.S. investment banks and their role in the run-up to the Greek debt crisis which has shaken faith in euro zone economies, Prime Minister George Papandreou said in comments broadcast on Sunday. Source: Reuters
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