Bank Employees in Brazil End Strike After 21 Days
Strikers accepted a ten percent increase in wages, fourteen percent increase in meal ticket values and participation in profits and...
October 27, 2015Topic
banks
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
Bradesco Purchases HSBC Brazil Operations for R$17 Billion
HSBC sells operations in Brazil for US$ 5.2 billion after announcing in June major structural changes worldwide.
August 3, 2015
Brazil’s Central Bank to Instill Savings Culture
With the Brazilian boom predicated on the spending of previously unavailable credit, economists’ fears of unsustainable levels of debt are...
December 17, 2013
Black Bloc Grows as Rio Protests Continue
The nationwide protests of June and July may have abated, but in their wake have come a series of cause-driven...
October 15, 2013
Brazil Looks to Extend Consumer Rights
President Rousseff has unveiled plans for legislation to improve the quality of products and customer services in Brazil, affording consumers...
March 19, 2013
Banks Boost Credit for Small Businesses
Interest rate cuts led by public banks in Brazil in 2012 have given a much-needed boost to small businesses in...
January 22, 2013
Eike Batista’s OGX Down $12.6B: Daily
Of 295 companies publicly-traded on the Bovespa, which has witnessed growth of R$147 billion (US$72 billion) this year, Eike Batista's...
October 16, 2012
Brazil Threatens Foreign Capital Tax: Daily
Finance Minister Guido Mantega has warned that Brazil could impose new taxes on speculative foreign capital to avoid its currency...
September 22, 2012