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)
NEW YORK/BOSTON (Reuters) - Hedge fund magnate Steven A. Cohen was accused by his former wife on Wednesday of hiding millions of dollars from her and of engaging in insider trading in a high-profile merger in the 1980s.
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