Latest news and stories about bes in Portugal for expats and residents.
Ricciardi played a pivotal role in reporting irregularities at BES, which he dreamed of recovering
The banker died on Wednesday at the age of 71, following a long illness. The funeral procession will depart on Saturday from the Basílica da Estrela to the Estoril cemetery.
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 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, who died this Wednesday at the age of 71, was the man who confronted Ricardo Salgado, the “Owner of Everything”, during the most tense and existential moments within one of the most (if not the most) powerful families in the country, which culminated in the tragic fall of the GES/BES group over a decade ago. In the end...
Observador's lead editor, Luís Rosa, recalls the bitterness between Ricardo Salgado and José Maria Ricciardi, who always believed he could have saved BES if he had replaced his cousin.
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.
The former BES financial director testified that the fraudulent financing schemes of the GES that harmed BES and its clients were allegedly created by Amílcar Morais Pires, the former CFO of BES.
The Lisbon Administrative Court dismissed a complaint by international funds that sought more than €2 billion in compensation over the transfer of BES bonds to the 'bad bank'.
