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The Bank is an integral part of the European System of Central Banks (ESCBs). The bank has been working with an objective of maintaining stability in the financial system.
Important objectives of the bank are as follows:
The Governing body of the bank includes the Governor, the Board of Directors, the Board of Auditors, and the Advisory Board.
The Address and Contact details of the bank is as follows:
148, Rúa do Comércio P-1101
Lisboa Codex PORTUGAL
Phone No.: ++3512-1-321 32 00
Fax: ++3512-1-346 48 43
In 2009, US trucking company YRC Worldwide faced ruin as it struggled to restructure its debt. With tens of thousands of jobs at stake, the Teamsters union, led by James Hoffa, accused some YRC bondholders of sabotaging restructuring negotiations by purchasing credit default swaps (CDS) on their debt. Read more
Stephen S. Roach,
Mohamed A. El-Erian,
Mario Blejer & Eduardo Levy Yeyati,
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