Credit Agricole SA and Banco Espirito Santo, Portugal's largest publicly traded bank, are among lenders that have reduced African activities as the world's largest oil and mining companies increase investments in Africa.
Banco Espirito Santo SA dropped 9.4 percent to 48.2 euro cents, the lowest since at least April 1993. A gauge of banking shares was the second-worst performer of the 19 industry groups in the Stoxx 600.
Soccer's world and European governing bodies want to ban the purchase of stakes in player-trade rights, an investment that earned a 64 percent return on a single bet for a fund managed by Banco Espirito Santo SA. The bets on younger players, which ...
According to the Spanish national court, Banco Santander's chairman Emilio Botin, his brother Jaime and 10 of their children have resolved the tax situation in a way “that can be considered correct and true”.