Espirito Santo Plunges After Posting 3.6 Billion-Euro Loss

Banco Espirito Santo SA’s stock plunged by the most on record and the bonds slumped after it was ordered to raise capital following a 3.6 billion-euro ($4.8 billion) first-half net loss. The Bank of Portugal required the lender to raise the money after it set aside 4.25 billion euros in the first…

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Espirito Santo Plunges After Posting 3.6 Billion-Euro Loss

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