US private equity firm Lone Star has indicated to the Portuguese government its plans to sell a 25-30% stake in Novo Banco ...

U.S. private equity firm Lone Star has told the Portuguese government that it is likely to sell a 25-30% stake in Novo Banco ...

The future of Portugal's Novo Banco is taking a clearer shape as US private equity firm Lone Star signals its intention to pursue an initial public offering (IPO) for a stake of up to 30% in the ...

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, Jan 8 (Reuters) - Novo Banco's business won't be affected by the alleged misconduct that led it to dismiss its chief risk officer and the Portuguese bank remains focused on pursuing its ...