Monday, December 29, 2014

Goldman, Clients, Face Loss Over Banco Espírito Santo Loan

Goldman Sachs and several clients stand to lose $853 million from a loan made to Banco Espírito Santo just weeks before it collapsed, after the Bank of Portugal said the claim won’t be honored by Novo Banco, the “good bank” carved out of BES.



from WSJ.com: US Business http://online.wsj.com/articles/goldman-sachs-clients-face-835-million-loss-over-banco-espirito-santo-loan-1419854363?mod=pls_whats_news_us_business_f

via IFTTT

No comments:

Post a Comment