SAO PAULO, Nov 12 (Reuters) - Banco do Brasil, Latin America's largest bank by assets, has received approval from the U.S. Securities and Exchange Commission to issue American Depositary Receipts, Chief Executive Aldemir Bendine said on Thursday.
The state-controlled bank may issue that type of stock as soon as 2009, he added. (Reporting by Aluisio Alves, Writing by Elzio Barreto, editing by Gerald E. McCormick)
WASHINGTON/NEW YORK (Reuters) - The U.S. pay czar on Friday expanded a crackdown on pay packages at four companies rescued with taxpayer money, limiting most cash salaries at $500,000 for a second tier of top earners.
Brides and grooms are opting for cosmetic surgery and other procedures, supplementing veils and cummerbunds with Botox and liposuction. Women say they want to look good for photos, but men are a different story. Full Article
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