The daily newspaper, Diário Económico recently highlighted BESI’s 1st Quarter activity in 2015. BESI recently presented impressive end of first quarter, as well as in terms of Operating Results, the Bank remarkably reached approximately EUR 9 million, with Banking Income of EUR 44 million and Operating Costs of EUR 35 million. The consolidated net income for the period was EUR 2.4 million (unaudited). The prestigious newspaper also emphasised the major role BESI has in the “City”.
Recently, José Maria Ricciardi and Hiroki Miyazato, the CEO of BESI and the Deputy CEO of Haitong Group, conducted a round of calls on the main London players, having met with the CEO of the London Stock Exchange, Alexander Justham, who congratulated them on the alliance. This meeting is symptomatic of the growing importance that issues in Chinese currency (Renminbi) are gaining in the City, while pointing the inevitable importance that BESI / Haitong should soon gain in this area.
Recently, BESI played a major role on a Haitong Bond Issue, having been Joint Global Coordinator of Haitong Group's new 5-year bond, launched on the morning of 14th April, which was priced at a final spread of 220 basis points over the US Treasury bonds, with a great success and with the order book fully covered almost immediately after the launch of the issue.
Read the article online (portuguese version): Diário Económico