Banco Espirito Santo and Espirito Santo Investment Bank Expand International
Presence with Launch of Mexico Office
</pre> <p>NEW YORK, <span class="xn-chron">Nov. 16, 2010</span> /CNW/ -- Banco Espirito Santo Group (BES), the largest bank in <span class="xn-location">Portugal</span> 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 <span class="xn-location">Mexico</span>. The office will support business development efforts for the Banks' Advisory, Global Trade Finance, Project Finance, Corporate Finance, Treasury and Capital Markets services.</p> <p/> <p>The expansion in <span class="xn-location">Mexico</span> 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.</p> <p/> <p>The <span class="xn-location">Mexico</span> operations will be located in <span class="xn-location">Mexico City</span> led by <span class="xn-person">Mr. Hugo Villalobos Velasco</span>. <span class="xn-person">Mr. Villalobos</span> 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., <span class="xn-location">Venezuela</span> and <span class="xn-location">Mexico</span>.</p> <p/> <p><span class="xn-person">Mr. Jose Maria Espirito</span> <span class="xn-person">Santo Ricciardi</span>, 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 <span class="xn-person">Mr. Pedro Fernandes Homem</span>, 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.</p> <p/> <p> </p> <p> </p> <pre> Contacts: --------- Sharron Silvers KCSA Strategic Communications 212.896.1282 [email protected] </pre> <p> </p> <pre> Janine Cristiano Espirito Santo Investment Bank 212.351.6003 [email protected]
For further information: Sharron Silvers of KCSA Strategic Communications, +1-212-896-1282, [email protected], or Janine Cristiano of Espirito Santo Investment Bank, +1-212-351-6003, [email protected] Web Site: http://www.esinvestment.com
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