Saturday, September 13, 2014

Vítor Bento team will exit the New Bank – Business Journal – Portugal

Vítor Bento team will exit the New Bank – Business Journal – Portugal


 The Bank of Portugal want quick sale of New Bank and is already looking for new managers to the institution, since, according to the Express, Vítor Bento and his team are output did not agree with the strategy.

Vítor Bento, Jose Honorio and João Moreira Rato will exit the New Bank and the Bank of Portugal is already looking for replacements for managers who entered into administration less than two months when it was formed.

The news was released by the weekly Expresso this Saturday. The Business is trying to contact Vítor Bento to react to this news, but have so far been successful.

The output of these managers of New Bank, the newspaper news citing “political sources”, due to the rejection by the Bank of Portugal’s long-term strategy that had once Vítor Costa defends the quick sale of New Bank as soon as possible and directly to another bank. Vítor Bento and the rest of the team defending a project in the medium term and dispersion of capital on the stock exchange.

The newspaper added that “the three have repeatedly expressed its unwillingness to lead a project that was not them. “

Workers Committee warns that hasty sale will be the end of the institution

The coordinator of the Workers of the New Bank, John Matos said Lusa today that a possible resignation of team led by Vítor Bento “not surprising”, but warns that a hasty sale will be the end of the institution.

“The bank needs stability and can not ease up . We are more united than ever to save the institution. Hasty sale will be the end of the bench and none of us want that, “said John Matos speaking to Lusa.

According to the representative of employees of the institution, the eventual departure of the team Vítor Bento “is not entirely a novelty.”

“We knew the work of the administration was virtually no autonomy. No thought was that it was so fast, “said John Matos yet.

The New Bank was incorporated in early August, after the rescue of the BES, so the news of the departure of Victor Benedict and his team comes just over a month after the commencement of employment.

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