Companies

The BES way out?

Name: The BES way out?
Uploaded: 2014-08-04T14:34:14.135Z
Duration: 3 min 49 s
Channel: Financial Times
Description: Lex on Banco Espirito Santo's bail-in

The Banco Espírito Santo rescue includes a split into good and bad banks. Lex's Oliver Ralph and Joseph Cotterill discuss whether this is a true bail-in and how much, if anything, shareholders and junior bondholders in the bad bank might recover.

August 4, 2014

Filmed by Rod Fitzgerald and Nicola Stansfield. Produced by Darryl Thomson.