Espirito Santo Needs Capital Boost for Bondholders

Espirito Santo Needs Capital Boost for Bondholders Play

July 31 (Bloomberg) -- Bill Blain, a strategist at Mint Partners Ltd., discusses the U.S. economy, European Union trade sanctions against Russia, the outlook for Argentinian bondholders after Standard & Poor's declared the country in default yesterday and Banco Espirito Santo SA's first-half net loss of 3.6 billion euros ($4.8 billion). He speaks with Jonathan Ferro on Bloomberg Television's "On the Move." (Source: Bloomberg)

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