By Sergio Goncalves LISBON (Reuters) -Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws ...

Portugal is concerned about over-dependence on Spain in its banking sector and views an acquisition of its fourth-largest lender Novo Banco by a Spanish bank as contrary to the country's interests, ...

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

The sources said Novo Banco was worth about 5 billion euros ($5.2 billion). Novo Banco, Portugal's fourth largest bank, was created in 2014 from the Portuguese government's bailout of collapsed ...

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 ...

Novo Banco is getting ready to list on Lisbon’s stock exchange next month despite the unsteadiness in global markets fueled by trade war concerns. The Portuguese lender, which has been preparing ...

Eight years after Portugal agreed to sell the remnants of what was once the country’s largest lender to Lone Star Funds, plans by the US investor to sell Novo Banco are reviving deep-seated ...

Police in Portugal are investigating the origin of large amounts of cash deposited in Portuguese banks by individuals linked to Novo Banco SA’s ex-chief risk officer Carlos Brandao, according to ...

LISBON, March 9 (Reuters) - Portugal's fourth-largest bank, Novo Banco, said on Thursday its consolidated net profit tripled in 2022 as higher interest rates boosted income and impairments and ...

LISBON, June 4 (Reuters) - Shareholders of Portugal's Novo Banco on Wednesday approved key changes to its bylaws that would allow the lender to go ahead with a public listing, according to three ...

Novo Banco, Portugal's fourth largest bank, was created in 2014 from the Portuguese government's bailout of collapsed private bank Banco Espirito Santo. Lone Star has owned its stake since 2017 ...