bank

BNDES Revitalizes Brazil’s Shipbuilding with $404 Million Investment

The Brazilian Development Bank (BNDES) is set to invigorate Brazil's shipbuilding industry with a $404 million investment.

January 25, 2024

Rise in Global Hiring and Salaries in Latin America

In 2023, Latin America secured the third spot globally for hiring international and remote workers

January 23, 2024

Brazilian central bank turns to private companies to develop digital real

After receiving nearly 50 project proposals from companies in Brazil, Germany, the U.S., Israel, Mexico, Portugal, the U.K., and Sweden,

March 7, 2022

Brazil’s Pix: New key leaks may occur in the future, expert warns

New Pix key leaks may occur in the future, and any such case involving data is worrisome, alerts technology and...

January 22, 2022

Usury in most countries: Annual credit card interest rates in Brazil reach up to 875%

Consumers who can' t afford to pay the bill in full will incur annual interest rates of over 300% -...

March 15, 2021

Brazil’s Banco do Brasil Announces Major Restructuring

Measures include closing branches, reducing working hours and launching an incentive retirement plan to save more than R$3 billion.

November 22, 2016

Brazil Announces R$5B Credit for Small and Micro Business

By Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Conselho Deliberativo do Fundo de Amparo ao Trabalhador (CODEFAT,...

May 10, 2016

Bank Workers Start Nationwide Strike in Brazil

The workers’ union asked for a sixteen percent salary increase while Fenaban offered only 5.5 percent.

October 6, 2015

HSBC to Close in Brazil, Cutting 50,000 Jobs Worldwide

HSBC announced it would close in Brazil, as well as Turkey, and plans to save between US$4.5 billion and US$5...

June 9, 2015