Since news broke last week regarding Banco Espirito Santo failing to meet its short term debt obligations, markets have been weighing up whether we are seeing...

Since news broke last week regarding Banco Espirito Santo failing to meet its short term debt obligations, markets have been weighing up whether we are seeing the a heightened likelihood of contagion or an event in isolation. Regardless, Portugal's second largest bank has been providing central bank assurances for the time being. Read more here: (VIEW LINK)


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