France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake held by U.S. private equity firm Lone Star, BPCE and Lone Star said on Friday.

France's BPCE agrees deal to buy Portugal's Novo Banco for $7.4 billion France’s BPCE has agreed a 6.4 billion euros ($7.39 billion) deal to acquire Portugal's Novo Banco, including a 75% stake ...

The future of Portugal’s Novo Banco is taking a clearer shape as US private equity firm Lone Star signals its intention to ...

Novo Banco SA, a Portuguese lender that’s majority-owned by Lone Star, said its planned initial public offering could take place in the second quarter or in the third quarter of this year.

Novo Banco’s birth dates back to mid-2014. Banco Espirito Santo (BKESY) sustained huge losses when Espirito Santo International allegedly defaulted on a debt payment. Banco Espirito Santo is 20% ...

LISBON (Reuters) -Novo Banco, Portugal's fourth-largest lender, reported a record net profit of 744.6 million euros ($804 million) on Thursday, ahead of a planned initial public offering, and said ...

Novo Banco, the Portuguese bank created out of failed lender Banco Espírito Santo SA last year, has received three binding offers that will be analyzed in the coming weeks.

The Novo Banco bond saga has taken another dramatic twist after a Portuguese court provisionally blocked the central bank’s move to impose losses on foreign bondholders. Here’s what you need ...

Novo Banco, the Portuguese bank lead by former AIB chief financial officer Mark Bourke, has attracted two bids from French banking group BPCE and CaixaBank of Spain, according to people familiar ...

Novo Banco, the "good bank" created from troubled Portuguese lender Banco Espirito Santo (BES) names Eduardo Stock da Cunha its new chief executive.

Novo Banco, the Portuguese bank created out of failed lender Banco Espírito Santo, needs a $1.51 billion capital injection, the European Central Bank said.

Novo Banco, the lender created out of the failure of Portugal’s Banco Espírito Santo (BES) in 2014, raised €400m of risky subordinated Tier 2 bonds at a yield of 8.5 per cent on Friday, ...