Banco Espirito Santo Plunges: Shareholder Meeting Cancelled Due To "Unexpected Facts"

With all other operating holdcos having already declared bankruptcy, the anxiety over Banco Espirito Santo is growing (despite DE Shaw and Goldman Sachs recommending investors buy the shares). Despite Bank of Portugal reassurance last night that “BES is able to raise capital), the stock is plunging…

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Banco Espirito Santo Plunges: Shareholder Meeting Cancelled Due To "Unexpected Facts"

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