News

The lender was getting ready to list in Lisbon next month despite the unsteadiness in global markets and could be valued up ...
Portugal's fourth-largest lender Novo Banco, which is preparing for an initial public offering (IPO), said on Tuesday its ...
Portugal's fourth-largest lender Novo Banco plans to go ahead with an initial public offering (IPO) possibly in June or September despite market volatility caused by global trade tensions, Chief ...
Former AIB chief financial officer Mark Bourke, a key member of the team behind the bank’s initial public offering (IPO) ...
Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said it’s continuing to prepare for a possible initial public offering, with no exact timing set yet for a sale.
Lone Star owns 75% of Novo Banco shares, which were purchased for 1 billion euros in 2017, and the Portuguese government owns 25% through various organizations, including through the national ...
Jeannette Neumann wrote about Spain and Portugal from The Wall Street Journal’s Madrid bureau. She previously covered credit-rating firms and the municipal bond market for the paper in New York. She ...
Portugal bailed out debt-ridden Banco Espirito Santo, renamed Novo Banco, with €4.9 billion of taxpayer money in 2014 via the country’s bank resolution fund, an operation that was agreed with ...
Novo Banco is getting ready to list on Lisbon’s stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns. The Portuguese lender, which has been preparing ...