Portugal's fourth-largest lender Novo Banco expects its acquisition by France's BPCE to give it "massive firepower" to grow ...

Mr Bourke was CFO of AIB from 2014 to 2019, helping lead the bank through its IPO in 2017. He moved to Novo Banco as CFO ...

The Federal Reserve is not the only central bank in the world doing monetary and economic damage. Portugal's central bank, ...

In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...

As of March, Novo Banco had 30 billion euros in deposits and 28.5 billion euros in net loans, equivalent to a 9% market share in Portugal. It has almost 300 bank branches and more than 4,200 ...

Novo Banco, Portugal’s fourth-biggest lender, posted its first profit in 2021 and its net interest income climbed as central banks raised interest rates.

LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said ...

LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said it ...

Lone Star has told Novo Banco to begin the initial public offering of shares, which may be Portugal's first major stock market listing in four years. Novo Banco has selected banks, including Bank ...

Novo Banco, Portugal's fourth largest bank, was created in 2014 from the Portuguese government's bailout of collapsed private bank Banco Espirito Santo.