Portugal's Novo Banco has begun preparations for an initial public offering (IPO) that could be one of the largest this year, and taps into an upsurge in enthusiasm for listings as indexes hover near ...

Lone Star has told Novo Banco SA to begin the initial public offering of shares in the Portuguese lender.

Portugal's banking resolution fund aims to sell its 13.54% stake in Novo Banco at the best possible price to maximise ...