SAO PAULO, May 17 Brazilian digital lender Banco
Inter SA is considering a capital increase with new
investors, two sources with knowledge of the matter said.
RIO DE JANEIRO/SAO PAULO, May 17 Brazilian
state-run oil firm Petroleo Brasileiro SA has removed
three banks from the privatization process of fuel distribution
unit Petrobras Distribuidora, four sources with
knowledge of the matter told Reuters this week.
SAO PAULO Brazil's largest private-sector lender, Itaú Unibanco Holding SA, will launch an instant payments platform by the third quarter that uses QR codes, adding fuel to the fierce competition among card processors.
SAO PAULO, May 10 Brazilian state-owned lender
Caixa Economica Federal sent teasers to insurers on Friday to
lure partners for its insurance business, Caixa Seguridade
Participacoes, according to documents sent to potential
SAO PAULO Latin American unicorn Rappi expects to more than triple the number of cities where its delivery app operates in Brazil using most of a $1 billion cash injection by Japan's SoftBank, its President and co-founder said on Thursday.
SAO PAULO, May 9 Latin America's largest
investment bank Banco BTG Pactual SA may spinoff its
29 percent stake in the Swiss private bank EFG International
, the chief financial officer told analysts on Thursday.
SAO PAULO, May 9 State-controlled lender Banco
do Brasil SA sees fiercer competition with financial
startups as likely to reduce the country's average credit
margins in the coming quarters, CEO Rubem Novaes told
journalists on Thursday.
SAO PAULO Brazilian healthcare provider Hapvida Participacoes e Investimentos SA will look for more acquisitions in the near future after agreeing to acquire rival group Sao Francisco Saude for 5 billion reais ($1.26 billion), Chief Executive Officer Jorge Pinheiro told reporters on Tuesday.
SAO PAULO Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.
RIO DE JANEIRO/SAO PAULO Apollo Global Management-backed investment firm Starboard Restructuring Partners is in exclusive talks with Petrobras to buy nine onshore oilfields for roughly 1 billion reais ($252 million), two sources familiar with the matter said this week.