Wall Street Journal

Espírito Santo’s Main Holding Companies Head for Liquidation

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 ...
Euromoney

Espírito Santos and Queiroz Pereiras: Duel of two dynasties

For a man steeped in family honour, there is a rueful irony in the fact that it was a dynastic feud that ultimately proved instrumental in bringing down Ricardo Salgado and the Espírito Santo name. In ...
The Conversation

The Espírito Santo crisis threatens a new phase of European bank anxiety

Banco Espírito Santo, the Portuguese bank, has become the top concern for international investors in recent days. The Portuguese stock exchange has taken a big hit and other European equity markets ...
Euromoney

Downfall of a dynasty: The last days of Ricardo Salgado and Banco Espírito Santo

Bankers in Lisbon say the demise of BES is a watershed moment for the country: the turning point when old Portugal became new Europe. Ricardo Salgado tried every trick he knew to save his empire, but ...
Reuters

Special Report: The billion-dollar fall of the house of Espirito Santo

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 ...