In this July 24, 2014 photo, Francisco Proenca de Carvalho, lawyer for Portuguese bank Banco Espirito Santo's former chief executive Ricardo Salgado, leaves a Lisbon court after Salgado was questioned about money-laundering, fraud and forgery. The Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years. Now, one of Europe's last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, and a police investigation. (AP Photo/Francisco Seco)

LISBON, Portugal (AP) — Portugal’s Espirito Santo family business survived wars, dictatorship, revolution and family feuds for almost 150 years. Now, one of Europe’s last banking dynasties is being stripped of its wealth and influence amid accounting irregularities, huge unreported debts, record losses at the family bank and a police investigation.

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