The S&P 500 climbed 0.61% on Wednesday (July 9), driven by gains in tech stocks as Nvidia hit a historic milestone and ...

A new sport-utility vehicle launched by Xiaomi has drawn a rush of first-day orders. The sneaker and athletic apparel company expects the decline in its sales and margins to slow in the current ...

Wall Street is getting worried about United Airlines. Yes, it's mostly about Newark airport. United has a major hub at Newark Liberty International Airport, and Wall Street wonders just how much the ...

Novo Banco spun out of the collapsed Banco Espirito Santo (BES) in 2014 after a state bailout. US investor Lone Star, which bought its stake in Novo Banco in 2017, is now offloading it.

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 ...

BPCE’s cash acquisition of Novo Banco would give the French bank a second significant retail market outside France, where it currently operates two major banking groups.

Groupe BPCE agreed to buy Novo Banco from majority owner Lone Star in the latest cross-border European banking deal, which values the Portuguese lender at 6.4 billion euros ($7.41 billion).

Banking’s Mediterranean Deal Flurry Widens With Banco Novo Sale The wave of bank acquisitions washing over Southern Europe has reached Portugal.

In the latest of a series of cross-border merger dramas, France’s BPCE is acquiring a 75% stake in Portugal’s Novo Banco from US private equity firm Lone Star. The offer values the lender at €6.4bn, ...

Portuguese lender Novo Banco SA is preparing for an IPO in June 2025. This is reported in the Novo Banco press release. Novo Banco, which is majority owned by the American private investment company ...

Novo Banco dealt with hefty legacy losses from bad loans, which jeopardised the lender's financial position. But in 2021, the bank turned a corner by posting its first profits.

NOVO BANCO S.A. (XS1058257905) - All master data, key figures and real-time diagram.