Posted On: 11/17/2014 11:53:55 AM
Post# of 63866
For those who love to speculate BKESF might be an interesting play. Be careful though. This bank could bit the dust any day now.
Company Background
Banco Espirito Santo SA (BES) is a Portugal-based bank. The Company organizes its business into six operational segments: Domestic Commercial Banking, which includes the Retail, Corporate, Institutional and Private Banking sub segments, International Commercial Banking, Investment Banking, Asset Management, Markets and Strategic Investments and Corporate Centre. Together with its subsidiaries, Banco Espirito Santo SA provides a range of financial products and services, including deposits, credit and debit cards, savings accounts, asset management, loans, investment banking and brokerage, custodian services, investment funds management, as well as life and non-life insurance products. On February 13, 2014, the Company acquired from Espirito Santo Financiere a 44.81% stake in Banque Espirito Santo et de la Venetie; after this transaction the Company holds directly and indirectly 87.5% of the share capital of Banque Espirito Santo et de la Venetie.
http://www.bes.pt
Company Background
Banco Espirito Santo SA (BES) is a Portugal-based bank. The Company organizes its business into six operational segments: Domestic Commercial Banking, which includes the Retail, Corporate, Institutional and Private Banking sub segments, International Commercial Banking, Investment Banking, Asset Management, Markets and Strategic Investments and Corporate Centre. Together with its subsidiaries, Banco Espirito Santo SA provides a range of financial products and services, including deposits, credit and debit cards, savings accounts, asset management, loans, investment banking and brokerage, custodian services, investment funds management, as well as life and non-life insurance products. On February 13, 2014, the Company acquired from Espirito Santo Financiere a 44.81% stake in Banque Espirito Santo et de la Venetie; after this transaction the Company holds directly and indirectly 87.5% of the share capital of Banque Espirito Santo et de la Venetie.
http://www.bes.pt
(0)
(0)
