SAO PAULO, Aug 13 Latin America's largest
independent investment bank, Banco BTG Pactual SA,
expects its loan book to grow at least 30% this year, Chief
Financial Officer João Dantas told Reuters on Tuesday.
SAO PAULO, Aug 13 Brazilian lender Banco Pan SA
has hired four investment banks to manage a share
offering valued at as much as 1.5 billion reais ($376.43
million), two sources with knowledge of the matter said on
SAO PAULO, Aug 8 Banco do Brasil SA
is not considering selling its stake in Cielo SA, the
state-controlled lender's chief executive of said on Thursday,
sending shares of the card processor down more than 2%.
SAO PAULO Brazilian state lender Banco do Brasil SA is readying a secondary share offering that may raise up to 7.9 billion reais ($2 billion), three people familiar with the matter said.
SAO PAULO For-profit school chain Adtalem Global Education Inc has put its assets in Brazil up for sale, including flagship university Ibmec, four sources with knowledge of the matter said.
SAO PAULO Bidding groups led by Brazilian investment firm Itausa Investimentos SA , Abu Dhabi state investor Mubadala and SHV Energy of the Netherlands are expected to submit binding proposals to acquire state-controlled oil company Petroleo Brasileiro SA 's LPG unit, two sources with knowledge of the matter said on Monday.
SAO PAULO, Aug 1 Banco Santander Brasil SA
launched a service on Thursday that allows small
merchants to capture payment transactions through its card
processor company GetNet without buying the bank's card reader
SAO PAULO Brazilian sanitation company Iguá Saneamento SA is considering an initial public offering (IPO) to raise money for investments, three people with knowledge of the matter said.
SAO PAULO Shares in Banco Inter SA surged more than 20% on Tuesday as the Brazilian online lender raised 1.25 billion reais ($329.73 million) in an offering largely sold to Japan's SoftBank Group Corp , boosting pressure on traditional banks.
A new breed of digital brokers is taking on the handful of Brazilian lenders such as Itau Unibanco Holding SA and Banco Bradesco SA that long had a lock on retail investors seeking a one-stop shop for banking and investments.