Novo Banco a tale of three bonds | Lex
- 5 years ago
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Portugal's decision to impose heavy losses on almost €2bn of senior bonds at Novo Banco has sparked anger from their owners. Lex's Giles Wilkes recounts the history of the bank's troubled bonds, and why Portugal is willing to incur investor ire.
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Portugal's decision to impose heavy losses on almost €2bn of senior bonds at Novo Banco has sparked anger from their owners. Lex's Giles Wilkes recounts the history of the bank's troubled bonds, and why Portugal is willing to incur investor ire.
For more video content from the Financial Times, visit http://www.FT.com/video
Twitter https://twitter.com/ftvideo
Facebook https://www.facebook.com/financialtimes