Latest news and stories about banking history in Portugal for expats and residents.
Journalist Hugo Neutel, coordinator of the Business section at Negócios, recalls José Maria Ricciardi's critical voice regarding Ricardo Salgado's leadership, the reports he made to the Bank of Portugal, and the unfulfilled dream he left behind: to restore the Espírito Santo family name. José Maria Ricciardi passed away this Wednesday at the age of 71.
The revolution forced him to go study in Belgium, he danced samba in his youth in Rio de Janeiro, and returned to Lisbon to become a banker. The battle with Ricardo Salgado marked the last 15 years of his life.
The former BES administrator and former president of the group's investment bank, José Maria Ricciardi, died this Wednesday at the age of 71. Here we recall the interview he gave to CNN Portugal journalist Vasco Rosendo in 2024.
José Maria Ricciardi was a central figure in the family feud that marked the end of the Espírito Santo Group. He died this Wednesday.
The former president of the Espírito Santo Group's Investment Bank was a victim of a prolonged illness.
The former BES manager was Ricardo Salgado's cousin and one of the voices who most contested his leadership, which led to him being seen as a traitor by the family. He died this Wednesday at the age of 71.
