Banco Espirito Santo and Espirito Santo Investment Bank Expand International Presence with Launch of Mexico Office
NEW YORK, Nov. 16, 2010 /PRNewswire/ -- Banco Espirito Santo Group (BES), the largest bank in Portugal by market capitalization, and its investment banking arm, Espirito Santo Investment Bank (Banco Espirito Santo de Investimento, S.A. or BESI), today announced the expansion of their North American operations with the opening of a joint representative office in Mexico. The office will support business development efforts for the Banks' Advisory, Global Trade Finance, Project Finance, Corporate Finance, Treasury and Capital Markets services.
The expansion in Mexico will serve to strengthen the Banks' ties to Latin America enabling it to more effectively provide its clients with access to the growth prospects of the region. The new office is integral to the development of global banking operations for both BES and BESI, and will serve as a hub for business development in the Central American Isthmus and the Caribbean Basin.
The Mexico operations will be located in Mexico City led by Mr. Hugo Villalobos Velasco. Mr. Villalobos has over twenty years of international investment banking experience, with in depth knowledge of the Latin American capital markets, project and structured finance. His broad international experience includes senior level positions at investment banks in the U.K., Venezuela and Mexico.
Mr. Jose Maria Espirito Santo Ricciardi, Executive Vice-Chairman of Board of Directors and CEO of Espirito Santo Investment Bank and Executive Member of the Board of Directors of BES and Mr. Pedro Fernandes Homem, Executive Member of the Board of Directors of BES, will participate in activities around the inauguration of the new office today including a press conference that will take place at the JW Marriott Hotel.
Contacts: |
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Sharron Silvers |
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KCSA Strategic Communications |
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212.896.1282 |
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Janine Cristiano |
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Espirito Santo Investment Bank |
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212.351.6003 |
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SOURCE Espirito Santo Investment
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