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MercoPress, en Español

Montevideo, November 22nd 2024 - 11:21 UTC

Tag: Octavio Lazari

  • Tuesday, May 7th 2019 - 09:09 UTC

    Another Brazilian bank expands into the US to keep competing with rivals

    Bradesco CEO Octavio de Lazari said that the Brazilian bank's private banking clients have increasingly demanded diversification and access to global products

    Brazil's Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately US$ 500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.

  • Wednesday, February 7th 2018 - 09:56 UTC

    Brazil's second largest private bank names new CEO in a major shakeup

    Lazari has four decades of experience at the bank, beginning his career as a teenager in 1978 and is expected to take the helm next month

    Banco Bradesco SA, Brazil's second-largest private-sector lender, appointed a new chief executive who told journalists that demand for credit has already improved in the first month of 2018. Octavio Lazari, 54, head of Bradesco's insurance unit, was appointed as the bank's next CEO amid a broader management shakeup with younger executives joining the board and upper management ranks to tackle increasing competition from all-digital banks.