Obbligazioni societarie La saga della famiglia Espírito Santo: cosa succederà alle obbligazioni BES ed ESFG? (6 lettori)
- Creatore Discussione Rottweiler
- Data di Inizio
luperf
Nuovo forumer
Dec 1 (Reuters) - Novo Banco, the bank carved out of Banco Espirito Santo (BES), should be sold to the highest bidder and its sale should not be limited by a deadline, the head of Portugal's largest listed bank said on Monday.
The Bank of Portugal has said it wants to sell Novo Banco in the second quarter of 2015, allowing for the quick recovery of the 4.9 billion euros ($6.1 billion) of public funds used to rescue BES in August after it nearly collapsed under the huge debts of its founding family.
"The sale of Novo Banco should be based on price and not time," said Nuno Amado, chief executive of Millennium bcp , at a banking conference.
"The sale should be to who pays the most. The most important is that the sale is carried out in the best conditions possible for the sector and for the economy."
A so-called bank resolution fund financed the rescue of BES and that fund belongs to Portugal's banks. As such, any losses from the sale of Novo Banco would hit the banks, even though the government lent the money to the fund to rescue BES.
Novo Banco was carved out as a 'good bank' from BES, while BES itself has retained the toxic debts from the Espirito Santo family that sparked the collapse of the family's business empire. The collapse has led to an investigation into how the family amassed such huge debts and how it contributed to the near collapse of BES.
Some bankers have said if Novo Banco is sold too quickly it could lead to a low price.
"It is important that the cost to the (banking) system, in the long-term, is as low as possible," said Jose de Matos, chief executive of state-owned Caixa Geral de Depositos, Portugal's largest lender.
Santander Totta, the Portuguese branch of Spain's Santander , is watching the sale but has no direct interest, its chief executive said.
"Our position is very clear: Santander Totta is very happy with its operation in Portugal and its organic growth," Antonio Vieira Monteiro said. "What it is doing is watching what is going on, but nothing more."
Separately, receivers for one of the Espirito Santo family's bankrupt holding companies are challenging in the courts the creation of Novo Banco and splitting of assets between it and BES.
The Bank of Portugal has said it wants to sell Novo Banco in the second quarter of 2015, allowing for the quick recovery of the 4.9 billion euros ($6.1 billion) of public funds used to rescue BES in August after it nearly collapsed under the huge debts of its founding family.
"The sale of Novo Banco should be based on price and not time," said Nuno Amado, chief executive of Millennium bcp , at a banking conference.
"The sale should be to who pays the most. The most important is that the sale is carried out in the best conditions possible for the sector and for the economy."
A so-called bank resolution fund financed the rescue of BES and that fund belongs to Portugal's banks. As such, any losses from the sale of Novo Banco would hit the banks, even though the government lent the money to the fund to rescue BES.
Novo Banco was carved out as a 'good bank' from BES, while BES itself has retained the toxic debts from the Espirito Santo family that sparked the collapse of the family's business empire. The collapse has led to an investigation into how the family amassed such huge debts and how it contributed to the near collapse of BES.
Some bankers have said if Novo Banco is sold too quickly it could lead to a low price.
"It is important that the cost to the (banking) system, in the long-term, is as low as possible," said Jose de Matos, chief executive of state-owned Caixa Geral de Depositos, Portugal's largest lender.
Santander Totta, the Portuguese branch of Spain's Santander , is watching the sale but has no direct interest, its chief executive said.
"Our position is very clear: Santander Totta is very happy with its operation in Portugal and its organic growth," Antonio Vieira Monteiro said. "What it is doing is watching what is going on, but nothing more."
Separately, receivers for one of the Espirito Santo family's bankrupt holding companies are challenging in the courts the creation of Novo Banco and splitting of assets between it and BES.
Rottweiler
Forumer storico
La Reuters ha ripreso in maniera errata il commento di Monteiro e raccolto dai media portoghesi.
Monteiro ha ribadito un concetto già espresso altre volte: in attesa di sapere cosa esattamente sarà l'oggetto della vendita, non possono che stare alla finestra. Quando saranno comunicati i numeri, dirà se sono interessati.
Qui la versione portoghese:
"Totta sobre o Novo Banco: "Digam-me o que lá está e direi se estou interessado"
01 Dezembro 2014, 12:25 por Diogo Cavaleiro | [email protected]
António Vieira Monteiro continua a assegurar que o Santander Totta está a acompanhar o processo de venda do Novo Banco. Mas decisões só quando houver certezas do que há lá.
"Digam-me lá o que lá está e direi se estou interessado". O líder do Santander Totta, que falava no Fórum Banca do Diário Económico, define assim a posição do banco face à venda do Novo Banco.
António Vieira Monteiro defende que a posição do Totta sempre foi "muito clara": "O Santander está muito contente com a operação em Portugal".
"O que está a fazer é olhar para o que se está a passar no mercado", acrescentou. "Não há dúvida nenhuma que estamos a olhar".
Contudo, o banco com accionista espanhol quer ver o balanço de abertura, que deverá ser tornado público esta semana. "Até lá, é posição de acompanhamento"
paolo.libero
Nuovo forumer
guardavo il book Cia de Tranquilidad 3,582% FRN 2002-Perp su Euronext Lisbona
so che vi sarà l'asta alle 16.30 ma il volume bid 300k è anomalo
Book
Ordini Volume Bid Ask Volume Ordini
1 100.000 64,50% 63,50% 100.000 1
1 200.000 63,00% 64,00% 1.000 1
1 3.250 62,50% 85,00% 6.000 1
1 100.000 62,00% 89,99% 1.000 1
--- --- --- 90,00% 0.000 1
so che vi sarà l'asta alle 16.30 ma il volume bid 300k è anomalo
Book
Ordini Volume Bid Ask Volume Ordini
1 100.000 64,50% 63,50% 100.000 1
1 200.000 63,00% 64,00% 1.000 1
1 3.250 62,50% 85,00% 6.000 1
1 100.000 62,00% 89,99% 1.000 1
--- --- --- 90,00% 0.000 1
Ultima modifica:
Jackrussel
Forumer storico
Ho visto...bene, bene
Si comicia a muovere sul serio...non posso che rallegrarmi, visto che no ho parecchie...
Myskin
Forumer stoico
Ho visto...bene, bene
Si comicia a muovere sul serio...non posso che rallegrarmi, visto che no ho parecchie...
luperf
Nuovo forumer
Dec 3 (Reuters) - The first balance sheet of Portugal's Novo Banco, the successor to Banco Espirito Santo after a state rescue, showed the bank slipped behind rival Millennium bcp in terms of assets but had a solvency ratio well above the required threshold.
The balance sheet published on Wednesday showed Novo Banco had a common equity Tier 1 ratio of 9.2 percent, above the minimum 7 percent required by the Bank of Portugal, which separately confirmed that ratio.
When it devised a 4.9 billion euro rescue plan for BES in early August, the Bank of Portugal said the capitalisation would leave Novo Banco with an 8.5 percent capital ratio. Just before the rescue, the solvency ratio had fallen below 5 percent.
The bank's consolidated assets stood at nearly 72.5 billion euros, meaning the lender had shed some 7.75 billion euros in assets following huge losses and the rescue of BES and is now the country's third-largest lender by assets after state-owned Caixa Geral de Depositos and the listed Millennium bcp.
CGD has assets of over 100 billion euros and Millennium nearly 79 billion.
The state rescued Portugal's BES in early August with a 4.9 billion euro ($6.1 billion) package, mostly in public funds, after the business empire of the Espirito Santos collapsed under a mountain of debt.
The rescue split BES into the working Novo Banco and a "bad bank" exposed to the liabilities of its founding Espirito Santo family. The government wants to sell Novo Banco in the coming months to recover the rescue funds.
Banco BPI, a smaller bank with assets at around 42 billion euros, has said it may be interested in buying Novo Banco. Local media have said China's Fosun may also be interested.
Novo Banco's gross loans to clients stood at 43.8 billion euros, down from BES's 51.3 billion as of the end of June, while deposits stood at 25.1 billion euros, down from 35.9 billion.
Novo Banco CEO, Eduardo Stock da Cunha, said last week the bank's deposits were recovering after a slump in the wake of the rescue.
The balance sheet published on Wednesday showed Novo Banco had a common equity Tier 1 ratio of 9.2 percent, above the minimum 7 percent required by the Bank of Portugal, which separately confirmed that ratio.
When it devised a 4.9 billion euro rescue plan for BES in early August, the Bank of Portugal said the capitalisation would leave Novo Banco with an 8.5 percent capital ratio. Just before the rescue, the solvency ratio had fallen below 5 percent.
The bank's consolidated assets stood at nearly 72.5 billion euros, meaning the lender had shed some 7.75 billion euros in assets following huge losses and the rescue of BES and is now the country's third-largest lender by assets after state-owned Caixa Geral de Depositos and the listed Millennium bcp.
CGD has assets of over 100 billion euros and Millennium nearly 79 billion.
The state rescued Portugal's BES in early August with a 4.9 billion euro ($6.1 billion) package, mostly in public funds, after the business empire of the Espirito Santos collapsed under a mountain of debt.
The rescue split BES into the working Novo Banco and a "bad bank" exposed to the liabilities of its founding Espirito Santo family. The government wants to sell Novo Banco in the coming months to recover the rescue funds.
Banco BPI, a smaller bank with assets at around 42 billion euros, has said it may be interested in buying Novo Banco. Local media have said China's Fosun may also be interested.
Novo Banco's gross loans to clients stood at 43.8 billion euros, down from BES's 51.3 billion as of the end of June, while deposits stood at 25.1 billion euros, down from 35.9 billion.
Novo Banco CEO, Eduardo Stock da Cunha, said last week the bank's deposits were recovering after a slump in the wake of the rescue.
ferdo
Utente Senior
Novo Banco, istituito per raccogliere le
attività più solide di Banco Espirito Santo, è in trattativa per la cessione del ramo di investment-banking a una divisione della società cinese Haitong Securities Co.
I termini finanziari della transazione, che ha già ottenuto il via libera da parte della banca centrale portoghese, della Commissione europea e delle autorità antitrust, non sono stati resi noti.
Banco Espirito Santo de Investimento conta 1.000 dipendenti, dislocati soprattutto a Lisbona, San Paolo e Londra, e asset del valore di 5,81 miliardi di euro al 30 giugno.
attività più solide di Banco Espirito Santo, è in trattativa per la cessione del ramo di investment-banking a una divisione della società cinese Haitong Securities Co.
I termini finanziari della transazione, che ha già ottenuto il via libera da parte della banca centrale portoghese, della Commissione europea e delle autorità antitrust, non sono stati resi noti.
Banco Espirito Santo de Investimento conta 1.000 dipendenti, dislocati soprattutto a Lisbona, San Paolo e Londra, e asset del valore di 5,81 miliardi di euro al 30 giugno.