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Ricardo Espírito Santo Salgado faces allegations of fraud and money laundering
Decision could have implications for the way disputes over failed banks are dealt with in Europe
Winterbrook Capital pursues Portuguese lender over ‘defaulted’ bonds
Winterbrook Capital plans to pursue legal action against the Portuguese lender
Someone must deliver a coup de grâce to this global joke
The wiping of billions of Novo Banco debt may mark a new era in which bank bondholders are no longer king
Portuguese bank has healthy buffer against bad loans but remains a risky bet
Criticism of governor by Socialist government sparks accusations of interference
Fund would be backed by national bank resolution vehicle as fallout hits bank’s bonds and stocks
More predictability would be welcome, the state did the right thing
Don’t be surprised when politics intervenes in bank resolutions
Senior bondholders angry over changes to rules of bank resolution
Former chief of Banco Espírito Santo no longer under house arrest but legal troubles just beginning
Funds claim ‘misleading’ information led them to invest in €1bn capital increase
ECB order threatens further delays to sale of third-largest lender by assets
Exclusive talks fail to bear fruit, opening the way for a possible deal with Apollo or Fosun
International Edition