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Portugal's Novo Banco eyes IPO amid plans to stay independent
Reuters via Yahoo Finance· 2 years agoPortugal's Novo Banco should be ready to seize the opportunity for an initial public offering when...
Novo Banco, S.A. -- Moody's assigns (P)B3 program ratings to Novo Banco, S.A.
Moody's via Yahoo Finance· 2 years agoRating Action: Moody's assigns (P)B3 program ratings to Novo Banco, S.A.Global Credit Research - 01 Sep 2022Madrid, September 01, 2022 -- Moody's Investors Service (Moody's) has today assigned ...
Novo Banco yet to decide on frozen Venezuelan funds after ruling
Reuters via Yahoo Finance· 10 months agoPortugal's Novo Banco said its lawyers were studying a ruling by a Lisbon court that Venezuela claims unblocks around $1.5 billion in Venezuelan state assets being held by the bank. Venezuela's ...
Novo Banco explores WiZink consumer tie-up in Portugal –sources
Reuters via Yahoo Finance· 6 months agoPortuguese lender Novo Banco is exploring a potential tie-up in Portugal with Madrid-based consumer finance provider WiZink, two sources familiar with the matter told Reuters. This could result ...
UPDATE 1-Portugal's Novo Banco to be IPO-ready in 2024, CEO says
Reuters via Yahoo Finance· 7 months agoPortugal's Novo Banco will be operationally prepared for a potential initial public offering in the first half of 2024, CEO Mark Bourke told Reuters on Tuesday, adding though that the market's ...
Portugal's Novo Banco nine-month profit jumps 49%, capital grows
Reuters via Yahoo Finance· 7 months agoLISBON, Nov 2 (Reuters) - Portugal's fourth-largest bank, Novo Banco, posted on Thursday a 49% increase in nine-month net profit, citing rising interest rates but also business growth and stronger ...
CORRECTED-Portugal closes Novo Banco's access to state funding after restructuring - ministry
Reuters via Yahoo Finance· 1 year agoThe European Commission had agreed that the process involving the bank that emerged from the ashes of the collapsed Banco Espirito Santo in 2014 was over, a ministry statement said. U.S. private ...
Venezuela says wins ruling to recoup $1.5 billion in Portugal funds
Reuters via Yahoo News· 10 months agoVenezuela's government won a legal battle to recover $1.5 billion of assets in Portugal, the country's information minister announced on Wednesday, in the latest battle over sanctions and frozen ...
Cross-Sector: Market Data Highlights
Moody's via Yahoo Finance· 2 years agoCROSS-SECTOR DATA REPORT 25 August 2022 CLIENT SERVICES Americas 1-212-553-1653 Asia Pacific 852-3551-3077 Japan 81-3-5408-4100 EMEA 44-20-7772-5454...
ECB's Centeno sees more consolidation in Portugal's banking sector
Reuters via Yahoo Finance· 2 years agoFurther consolidation of Portugal's banking sector is inevitable, European Central Bank member Mario Centeno told Reuters on Wednesday, calling "remarkable" the recent progress the country's ...