Antunes, José Engrácia2021-07-162021-07-162018http://hdl.handle.net/10400.14/34155The “Banco Espírito Santo” (BES) was the oldest and one of the largest Portuguese banks: it was created in 1869, precisely at the same year that Goldman Sachs was founded, and it was resolved in 2014.The present paper aims to briefly explain how a centenary bank, that survived to two World Wars, prevailed over different political regimes (Monarchy, Republic, a Revolution), and endured diverse economic regimes (nationalization, subsequent reprivatisation), has come to an abrupt end.engBankingBanking ScandalBank resolutionGovernance of financial institutionspreprint