Banco Angola e Metrópole
Books
- Printed by the Bank Itself Alves dos Reis, Waterlow & Sons, and the Banknote Fraud That Shook Portugal · Liszt Think
In 1925, a Lisbon clerk with a forged Oxford diploma orchestrated the largest banknote fraud in history.
- The Clerk from Lisbon…and handle the increased volume of trade. In 1920, a group of Lisbon merchants with Angolan interests proposed to establish a new bank, the Banco Angola e Metrópole, to specialize in colonial finance. The project required official authorization, and Reis’s combination of metropolitan position and coloni…
- The Forged Pedigree…zone that limited the convertibility of escudos and created opportunities for arbitrage between official and unofficial exchange rates. The Banco Angola e Metrópole, established to finance colonial development, occupied a crucial position in this system, channeling metropolitan capital into Angolan ente…
- The Printer on Threadneedle Street…gap between official paper and actual circumstance could be bridged by a man willing to supply the connecting documents himself. Now, with Banco Angola e Metrópole chartered and capitalized through the same methods, he faced the problem of scale. A colonial bank with Angolan concessions needed currency…