PressDigest

New Zealand sovereign fund to sue Portuguese central bank over BES loan

The New Zealand Superannuation Fund, the country’s roughly $20bn sovereign wealth fund for state pension payments, said on Thursday that it would sue Portugal’s central bank over a $150m loan it made to the now-defunct Banco Espírito Santo last July.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the BrinkExternal link

110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink