SAO PAULO, Nov 8 State-controlled Banco do
Brasil SA is likely to see stronger loan book growth,
increase fee income above inflation and keep operating expenses
in line with inflation in 2018, the bank's executives said on
SAO PAULO Brazilian companies are again looking to raise capital by selling shares or refinancing debt as the pre-election uncertainty that put such dealmaking into a deep freeze gives way to optimism after the selection of market-friendly candidate Jair Bolsonaro as president, five people familiar with the matter told Reuters.
SAO PAULO, Nov 1 Banco Bradesco SA,
Brazil's second-largest private lender, expects to boost the
profitability next year of retail clients acquired in its
purchase of the local unit of HSBC Holdings Plc, Chief
Executive Octavio de Lazari said on Thursday.
SAO PAULO, Oct 31 Shares of Banco Santander
Brasil SA were down 6 percent in Wednesday
afternoon trading after analysts said the bank's quarterly
results showed some signs of weakness in the third-quarter in
spite of a higher-than-expected profit.
SAO PAULO McDonald's Corp's Brazilian customers will be able to buy their Big Macs and fries using their highway toll payment passes under a partnership the fast food restaurant operator has struck with Fleetcor Technologies Inc.
SAO PAULO, Oct 30 Brazil's largest private
lender, Itaú Unibanco Holding SA, may pursue loans
with a higher risk of defaults in the near future as a way to
accelerate loan-book growth, Chief Executive Candido Bracher
said on Tuesday.
SAO PAULO Brazil's largest private lender, Itaú Unibanco Holding SA , reported a slightly lower-than-expected third-quarter profit on Monday, as higher non-interest expenses offset loan growth.
SAO PAULO, Oct 26 Brazilian card processor Cielo
SA confirmed Friday that Banco do Brasil SA's
Paulo Caffarelli will become its chief executive on
Nov. 5, raising questions over whether a veteran banker could
shake up a company that has been struggling to fight startups.
SAO PAULO, Oct 25 Paulo Caffarelli, the chief
executive of state lender Banco do Brasil SA, has
accepted the offer to become the new CEO of the Brazilian card
processor Cielo SA, one source with knowledge of the
matter told Reuters on Thursday.
SAO PAULO, Oct 24 Brazilian credit card
processor StoneCo Ltd priced its initial public offering (IPO)
above its initially suggested price range, raising $1.5 billion,
one person with knowledge of the matter said.