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Carolina Mandl

Lyondell-Braskem deal delayed by Petrobras supply contract talks -sources

Jan 17 2019

SAO PAULO Brazil's recent change of government has further delayed the long-awaited finalization of LyondellBasell Industries NV's plan to buy Brazilian petrochemical company Braskem SA, three sources with knowledge of the matter said this week.

Lyondell-Braskem deal delayed by Petrobras supply contract talks -sources

Jan 17 2019

SAO PAULO, Jan 17 Brazil's recent change of government has further delayed the long-awaited finalization of LyondellBasell Industries NV's plan to buy Brazilian petrochemical company Braskem SA, three sources with knowledge of the matter said this week.

Exclusive: Brazil's Odebrecht offers debt-for-equity swap for Atvos unit - sources

Jan 15 2019

SAO PAULO Corruption-ensnared Odebrecht SA [ODBES.UL] has proposed that creditors take over its sugar and ethanol unit, Atvos Agroindustrial Participacoes SA, in exchange for reducing Odebrecht's huge debt load, according to two sources with knowledge of the matter.

Brazil's Banco Bradesco shuffles management in bid to boost revenue

Jan 14 2019

SAO PAULO In his first major management reshuffle since taking the helm of Brazil's Banco Bradesco SA , Chief Executive Officer Octavio de Lazari has cut the number of executive vice-president positions as part of a consolidation to boost revenue.

RPT-FOCUS-How Santander's Brazil unit is driving growth with car loans

Jan 11 2019

SAO PAULO, Jan 11 At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch.

How Santander's Brazil unit is driving growth with car loans

Jan 11 2019

SAO PAULO At BM Multimarcas, a used-car dealer on the outskirts of Sao Paulo, owner Santel de Abreu Bernardo can show you jalopies that most big banks would not touch.

Brazil's Bolsonaro urges quick passage of bill to protect police

Jan 04 2019

SAO PAULO/RIO DE JANEIRO Brazil President Jair Bolsonaro on Friday continued to set out priorities for his new administration, stressing his desire for the quick passage of a bill to protect security officials and measures to open up competition in the banking sector.

Brazil's BTG Pactual founder to return to controlling partner group

Dec 29 2018

SAO PAULO, Dec 29 Banco BTG Pactual SA's founder Andre Esteves will return to the bank's controlling group of partners, following his acquittal of corruption charges, according to a securities filing on Friday.

Brazil's Bradesco widens data trawl in bid to boost lending

Dec 20 2018

SAO PAULO, Dec 20 Brazil's Banco Bradesco SA expects to boost many clients' credit limits in 2019 thanks to new tools that will better measure outside income from sources like freelance jobs and rental properties, an executive said on Thursday.

Embraer's net proceeds from Boeing deal the same, despite higher price

Dec 17 2018

SAO PAULO Brazil's Embraer SA will receive the same net proceeds from a deal to sell 80 percent of its commercial jet unit to Boeing Co, even though the U.S. aircraft maker increased the enterprise value which includes debt by 11 percent. | Video

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