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Espirito Santo - A Family Dynasty Falters

July 29, 2014

The Espírito Santos family is one of Portugal's most influential. For more than 150 years, family members have helped to write the country's economic history. The family's holding company also owns Banco Espírito Santo - Portugal's biggest private bank. But now the parent company has filed for creditor protection for the bank.

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Can it still be saved? Claudia Laszczak reports on the powerful Espírito Santo dynasty.