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Banco Espirito Santo Rises on Debt Crisis Measures: Lisbon Mover
Banco Espirito Santo SA, Portugal's biggest publicly traded bank by market value, rose the most in more than three weeks after European leaders agreed to ease repayment rules for emergency loans to Spanish lenders.
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Portugal's progress boosts confidence back home
Ronaldo advertises a similar deposit from BCP's rival Banco Espirito Santo where he invites people to "invest in themselves" and save money.
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Capital Flight Leaves Banks in Germany Awash in Deposits
European banks tumbled today, pushing the Bloomberg Europe Banks and Financial Services Index as much as 2.7 percent lower, led by Italy's Banca Monte dei Paschi di Siena SpA and Lisbon- based Banco Espirito Santo SA. The yield on the 10-year ...
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Marcopolo Rises in Sao Paulo on Plan to Build Minibus Plant
Marcopolo SA (POMO4), a Brazilian truck and bus bodies manufacturer, rose to a one-week high after saying it will build a 35 million-real ($17 million) plant in the state of Espirito Santo. Shares gained 1.2 percent to 9.02 reais at the close in Sao ...
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Fibria, Suzano Cut Most as Brazilian Pulp Exports Falter
The rise is unsustainable as producers increase supply amid slowing consumption growth in China and declining sales in Europe, according to Banco Santander SA. (SAN) Prices measured by the index probably will slide 6.2 percent to $737.5 per ton at the ...
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Analysis - Auto loans adding to Brazil banks' woes
The newfound prudence of banks will be tested in coming months as President Dilma Rousseff pushes lenders to offer more vehicle financing to jumpstart Brazil's economy, said Gustavo Schroden, an analyst with Espirito Santo Investment Bank. ... some ...
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Banco Comercial Extends Drop on Capital Increase: Lisbon Mover
Banco Comercial Portugues SA (BCP), Portugal's second-biggest bank by market value, declined to a record low in Lisbon trading today after tapping state funds to bolster its finances.
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Brazil's Inflation Slows More Than Expected on Weak Growth
�We are likely to go through a phase of inflation under control, which will leave the central bank at ease to continue to cut interest rates,� Luciano Rostagno, chief strategist at Banco WestLB do Brasil SA, said in a phone interview from Sao Paulo ...
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