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  • Espirito Santo group seeks creditor protection Friday, 18 Jul 2014 | 5:15 PM ET
    Espirito Santo International is the parent company of several institutions, including Banco Espirito Santo.

    Portugal's Espirito Santo International, holding company of Banco Espirito Santo, said it has filed for creditor protection.

  • Espirito Santo: 'Not a systemic situation' Wednesday, 16 Jul 2014 | 4:20 AM ET
    Espirito Santo: 'Not a systemic situation'

    Alberto Gallo, head of European macro credit research at RBS, discusses the financial difficulties the Espirito Santo family of companies is facing and says that it is not a systemic situation for Portugal.

  • Portugal Telecom: Debtor default to derail merger? Wednesday, 16 Jul 2014 | 1:10 AM ET
    Portugal Telecom: Debtor default to derail merger?

    Otto Dichtl, managing director at Stifel Nicolaus, comments on Portugal Telecom, as reports indicate that one of the holding companies of the Espirito Santo family, Rioforte, could fail to repay its debt.

  • Global flash points Monday, 14 Jul 2014 | 7:36 AM ET
    Iraqi Shiite men brandish their weapons as they show their willingness to join Iraqi security forces in the fight against jihadist militants who have taken over several northern Iraqi cities, on June 18, 2014, in the capital Baghdad.

    Robert Hormats, Kissinger Associates vice chairman, shares his thoughts on the escalating violence in the Middle East, and weighs in on the challenges ahead for China, Brazil and Portugal.

  • Not a good weekend for US foreign policy Monday, 14 Jul 2014 | 7:34 AM ET
    Not a good weekend for US foreign policy

    CNBC's Michelle Caruso-Cabrera reports on the ripple effects of global unrest.

  • Portuguese debt to drop 70%: Pro Monday, 14 Jul 2014 | 2:53 AM ET
    Portuguese debt to drop 70%: Pro

    David Salanic, founder of Tortus Capital, discusses Portuguese government bonds and explains that they could go down 70 percent.

  • Should you short Portugal? Monday, 14 Jul 2014 | 2:40 AM ET
    Should you short Portugal?

    David Salanic, founder of Tortus Capital, explains that he's been short on Portugal for over a year and says that it will be "very difficult" for the country to cut its deficits further.

  • Treasury prices rally on Fed hopes, Portugal woes Friday, 11 Jul 2014 | 1:10 PM ET
    Traders work in the S&P 500 options pit at the Chicago Board Options Exchange

    U.S. Treasury prices continued to rally on future Fed action and safe-haven demand stemming from worries about Portugal's biggest listed bank.

  • Tension for Europe's banking Friday, 11 Jul 2014 | 9:47 AM ET
    Tension for Europe's banking

    CNBC's Steve Sedgwick provides insight to the potential default at Banco Espirito Santo, and real worries of a domino effect around the world.

  • Traders work on the floor of the New York Stock Exchange in New York.

    CNBC's Steve Sedgwick reports European shares pared losses as Banco Espirito Santo seeks to calm concerns over its capital position.

  • Remedies for a sluggish economy Friday, 11 Jul 2014 | 7:09 AM ET

    Jurrien Timmer, Fidelity Investments, and Steve Miller, AIG non-executive chairman, provide perspective on what would likely relieve the global economic malaise. Also Timmer shares his outlook on the markets.

  • European markets trim losses Friday, 11 Jul 2014 | 7:04 AM ET
    European markets trim losses

    Europe shares regain footing and Portugal shares post gains, reports CNBC's Karen Tso, with the latest update on Portugal's Banco Espirito Santo.

  • Need valuations and earnings to propel markets: Pro Friday, 11 Jul 2014 | 6:36 AM ET
    Need valuations and earnings to propel markets: Pro

    Patrick Chovanec, Silvercrest Asset Management, and Bruce Kasman, JPMorgan chief economist, share their outlook on the markets and economy. Also Kasman weighs in on Portugal's bank problems and explains why he thinks there's not a systemic threat in Europe.

  • Global markets eye Portugal bank crisis Friday, 11 Jul 2014 | 6:15 AM ET
    Global markets eye Portugal bank crisis

    Mark Grant, Southwest Securities, explains why the Portuguese bank crisis may spread to Brazil and Italy, but will not be a disaster for U.S. markets.

  • Banco Espirito shares suspended Friday, 11 Jul 2014 | 6:11 AM ET
    Banco Espirito shares suspended

    Portugal's bank woes raise concerns of another EU crisis, reports CNBC's Steve Sedgwick.

  • No systemic risk from BES: Pro Friday, 11 Jul 2014 | 5:30 AM ET
    No systemic risk from BES: Pro

    Portugal's banking sector has gone through a transformative intervention, making its risk to Europe's banking system small, Antonio Roldan Mones, Portugal analyst at Eurasia Group.

  • BES has 'capital, not solvency issues': Pro Friday, 11 Jul 2014 | 4:15 AM ET
    BES has 'capital, not solvency issues': Pro

    Alberto Gallo, head of European macro credit research at RBS, says Banco Espirito Santo has capital problems not solvency issues.

  • Espirito Santo problem won't spread: Pro Friday, 11 Jul 2014 | 4:00 AM ET
    Espirito Santo problem won't spread: Pro

    Paulo Soares de Pinho, associate professor at Nova School of Business and Economics, says the issues at Banco Espirito Santo won't spread across Portugal.

  • BES has 'good solvency': Ex-Portugal PM Friday, 11 Jul 2014 | 3:30 AM ET
    BES has 'good solvency': Ex-Portugal PM

    Pedro Santana Lopes, former Portuguese Prime Minister, says Banco Espirito Santo has a "good solvency situation" but the family behind the lender has questions to answer.

  • Government 'won't pay for' BES: Ex-Portugal PM Friday, 11 Jul 2014 | 3:30 AM ET
    Government 'won't pay for' BES: Ex-Portugal PM

    Pedro Santana Lopes, former Portuguese Prime Minister, says the government will not pay for Banco Espirito Santo.