Banking shake-up could damage Portuguese economy
Publication: Iberian Lawyer
Author: Alexandre Jardim
Date: 01 April 2015
As a result of the recapitalisation of Portugal´s banks, the imminent sale of Novo Banco and possible bids for the country's two other major players, BPI and BCP, the country's banking sector is undergoing a seismic shift that will bring challenges for banks and for the national economy.