Banco Bradesco SA (BBD)
22 May 2017
SAO PAULO, April 28 General and administrative expenses at Banco Bradesco SA will probably grow at the lowest end of a project range this year, as Brazil's No. 3 listed bank captures more cost savings stemming from the acquisition of HSBC Holding Plc's local unit, executives said on Friday.
SAO PAULO, April 27 The pace and extent of Brazil's economic recovery will dictate future trends for defaults and loan-loss provisions at Banco Bradesco SA, which saw corporate defaults climbing during the first quarter, Chief Financial Officer Alexandre Glüher said on Thursday.
SAO PAULO, April 27 Banco Bradesco SA beat first-quarter profit estimates on Thursday as Brazil's No. 3 listed bank cut loan-loss provisions by more than expected, offsetting large impairments and lackluster fee and interest income performance.
SAO PAULO Johnson & Johnson , Novartis AG and Takeda Pharmaceutical Co Ltd have expressed interest in a buyout of the controlling stake that two families have in Brazilian drugmaker Hypermarcas SA , two people with knowledge of the matter said on Monday.
SAO PAULO Dubai Ports World Co and MSC Mediterranean Shipping Co SA are seizing on Brazil's three-year-long recession and rising debt levels among local port operators to bid for marine terminals in one of the world's top commodity exporters. But their plan will not come cheap.
SAO PAULO, March 9 Brazil's Banco Bradesco SA is cutting rates charged on rollover credit card loans by more than a third to comply with new rules to reduce the cost of borrowing for cash-strapped consumers and companies in Latin America's largest economy.
SAO PAULO, Feb 6 The board of Banco Bradesco SA , Brazil's third-largest listed bank, will propose to shareholders a capital increase of 8 billion reais ($2.6 billion), granting new shares to current shareholders, the company said on Monday.
SAO PAULO Brazilian healthcare services provider NotreDame Intermédica Sistema de Saude SA has hired banks to manage its initial public offering, which could be launched with a series of investor meetings as early as this week, two people with direct knowledge of the plans said on Monday.
* Recurring profit of 4.4 bln reais misses estimates (Adds comments, updates share performance)
* Banco Bradesco SA , Brazil's No. 2 private-sector bank by assets, announced on Thursday the following operating estimates for this year: