Banco Espírito Santo: the anatomy of a banking skandal

José Engrácia Antunes

Banco Espírito Santo: the anatomy of a banking skandal

Research output: Working paper › Preprint

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Abstract

The “Banco Espírito Santo” (BES) was oldest and one of the largest Portuguese banks: it was created in 1869, precisely at the same year that Goldman Sachs was founded, and it was resolved in 2014.The present paper aims to briefly explain how a centenary bank, that survived to two World Wars, prevailed over different political regimes (Monarchy, Republic, a Revolution), and endured diverse economic regimes (nationalization, subsequent reprivatisation), has come to an abrupt end.

Original language	English
Publisher	SSRN
Number of pages	13
Publication status	Published - 2018

Keywords

Banking
Banking Scandal
Bank resolution
Governance of financial institutions

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37138811Final published version, 290 KBLicence: Unspecified

http://hdl.handle.net/10400.14/34155Licence: Unspecified

1 Chapter

Banco Espírito Santo: anatomy of a banking skandal
Antunes, J. E., 2019, Corporate governance of financial institutions. Ferrarini, G., Busch, D. & Van Sollingue, G. (eds.). London: Oxford University Press, p. 553-562 10 p.
Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

Cite this

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Banco Espírito Santo: the anatomy of a banking skandal

Abstract

Keywords

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Research output

Banco Espírito Santo: anatomy of a banking skandal

Cite this