The rise and ongoing fall of Portugal's most powerful banking family reads like the script of a particularly breathless telenovela. Local lore has it that the saga began with an unidentified baby ...
Simply sign up to the European companies myFT Digest -- delivered directly to your inbox. It took Ricardo Espírito Santo Salgado almost two decades to win back ownership of his family’s bank. But one ...
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LISBON (Reuters) - On June 9, with his 150-year-old Portuguese corporate dynasty close to collapse, patriarch Ricardo Espirito Santo Salgado made a desperate attempt to save it. Salgado signed two ...
Over nearly 150 years, Portugal's Espírito Santo clan built a corporate dynasty whose interests ranged from European banks to Miami condos to a diamond mine in Angola. Its current patriarch was ...
LISBON—A court in Luxembourg has denied a creditor-protection request from the main holding companies of the Espírito Santo empire, paving the way for a liquidation of all its assets. Espírito Santo ...