Portugal’s central bank chief positive on Novo Banco IPO, urges caution on M
Source: Live Mint By Sergio Goncalves and Andrei Khalip LISBON, Feb 5 (Reuters) – Novo Banco’s planned initial public offering would be beneficial for the Portuguese banking sector, Bank of Portugal Governor Mario Centeno said on Wednesday, but he urged a cautious approach to any further acquisitions or consolidation. Novo Banco was created in 2014…