Banco Espírito Santo, S.A.
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Summary
On August 3, 2014 Banco de Portugal applied a resolution measure to Banco Espírito Santo, S.A. (BES) with its general activity and assets having been immediately and definitively transfered to Novo Banco, S.A. Remaining exposures in BES include those to Espírito Santo Group entities and Banco Espírito Santo Angola, along with subordinated liabilities and equity.