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Nike Shoes Men 2018 Casual

Nike Shoes Men 2018 Casual

Luxembourg district court in a statement on Tuesday said it had agreed to a Friday request from Espirito Santo International (ESI) that it be placed under "controlled management".

Lisbon has admitted the crisis engulfing the giant Espirito Santo group could affect Portugal recovery after the country emerged from an international bailout in May.

Portugal has been thrown into turmoil since allegations emerged of accounting irregularities in ESI, owned by the high profile Espirito Santo family, cast doubt on the strength of its economy.

President Anibal Cavaco Silva said the problems affecting the group "could have a certain affect on the real economy . and its creditors could be confronted with serious difficulties".

said the deal marked a "significant step in the development of our bank" thanks to the expansion of its geographical reach.

Nike Shoes Men 2018 Casual

CBH is a relatively low profile player in the Swiss private banking sector, which caters for ultra wealthy clients from around the globe drawn by the Alpine country tradition of discretion.

Nike Shoes Men 2018 Casual

BPES chief Jose Manuel Espirito Santo said the deal with CBH offered an "excellent solution" and that it was the best means to "defend the Nike Shoes Men 2018 Casual interests of our customers and staff".

Nike Shoes Men 2018 Casual

Portuguese bank Banco Espirito Santo (BES) has been placed in receivership Shoes Nike Online Shop

Nike Shoes Men 2018 Casual

Nike Shoes Men 2018 Casual

´╗┐Banco Espirito Santo's main stakeholder placed in receivership

The two banks did not reveal details of the price tag or how many clients would come under CBH wing.

Philippe Cordonier, head of CBH, Nike Shoes For Women 2018 White

as the parent group announced it had sold most of its Swiss based activities.

The main shareholder of troubled Nike Shoes New Release

Nike Shoes Men 2018 Casual

Nike Shoes Men 2018 Casual

Nike Shoes Men 2018 Casual

The Banque Privee Espirito Santo (BPES) said it had agreed to sell to Compagnie Bancaire Helvetique (CBH) its client portfolio in Portugal, Spain and Latin America.

Nike Shoes Men 2018 Casual

Nike Shoes Men 2018 Casual

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