Wealth and Asset Management
Swiss Banking Refuge Brings No Solace to Espirito Santo Clients
When Luis Vieira and about 100 other small Portuguese investors put money in Grupo Espirito Santo’s Swiss affiliate, they thought the Helvetian nation’s renowned safety protected them. They’re now learning that it might have been better to have left their money at home. With the collapse of Banco Espirito Santo,…
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Click here to read the full story: Bloomberg