Portugal Bond Yields Hover Near Brexit Highs As Bank Bosses Quit Ahead Of Bailout

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zerohedge.com / by Tyler Durden / Nov 28, 2016 12:25 PM

Portuguese bank holds (Novo Banco and Caixa Geral de Depositos) are shifting currently with emperor yields hovering nearby Brexit highs as AP reports that a new boss of a country’s biggest bank (and 6 house members) have quit reduction than 3 months after starting work.

Back in a summer we warned that with all eyes on Italy (and righteously so), Portugal could be a subsequent uncover to drop, and yields have risen particularly given then

And now, as AP reports, the troubles during Portugal’s biggest bank by assets, state-owned Caixa Geral de Depositos, are deepening as the new boss and 6 house members have quit reduction than 3 months after starting work.


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