Tag: Bradesco

• Monday, September 20th 2021 - 08:55 UTC

  Bradesco, one of Brazil's top leading banks is leaving Argentina

  

  Bradesco, Brazil's second-largest private bank is ceasing operations in Argentina. Mainly a commercial bank that works with corporations and foreign trade, Bradesco joins a long list of companies that stopped making business in Argentina and have left or are leaving.

• Wednesday, September 2nd 2020 - 09:12 UTC

  JPMorgan Chase & Co transfers private banking clients in Brazil to a local lender

  

  JPMorgan Chase & Co (JPM.N) has reached an agreement with Brazil’s Banco Bradesco SA (BBDC4.SA) to potentially transfer its private banking clients to the Brazilian lender, according to a document filed by Bradesco.

• Wednesday, April 24th 2019 - 09:01 UTC

  Four Brazilian banks under investigation on competition issues

  

  Brazil’s antitrust watchdog Cade is investigating four banks in the country for allegedly creating competition hurdles to digital banking newcomer Nubank, the watchdog said in a statement on Monday.

• Tuesday, August 4th 2015 - 09:27 UTC

  Bradesco buys HSBC operations in Brazil for 5.2bn dollars

  

  Brazil's Banco Bradesco SA agreed to buy HSBC Holdings Plc's Brazilian unit for a surprisingly high 17.6 billion reais ($5.2 billion), narrowing the gap with larger rivals while boosting its base of affluent customers in Latin America's largest economy.

• Friday, July 24th 2015 - 10:39 UTC

  Brazilian currency and markets drop on latest fiscal savings goals

  

  Brazil's currency, the Real, tumbled on Thursday after the government announced it would slash its fiscal savings goals for this year and next, raising investor fears that the country may lose its investment-grade credit rating.

• Monday, May 28th 2012 - 19:56 UTC

  Santander denies plans to divest from Brazil; affiliate represents 30% of the group’s profits

  

  Spain’s leading bank Santander denied any plan to sell its Brazilian affiliate full or partly, as was published in the Sao Paulo media following discussions with Bradesco, another top listed Brazilian bank.