Showing posts with label Banco Espirito. Show all posts
Showing posts with label Banco Espirito. Show all posts

Thursday, 10 July 2014

Global stock markets hit by Portuguese bank concerns

Stock markets in Europe and the US have fallen over concerns about the health of one of Portugal's biggest banks.
Shares in Banco Espirito Santo were suspended after falling 17% following concerns about accounting irregularities at its parent group.
As a result, the Lisbon stock exchange fell more than 4%, Madrid's IBEX was down 2.7%, while the Paris Cac 40 and Frankfurt's Dax were both 1.8% lower.
Wall Street also opened sharply lower, with