Brazil’s mining giant Vale S.A. is most valuable company in Latin America
Vale mining company surpassed the US$100 billion mark in market value, expanding its position as the most valuable company in...
April 28, 2021Topic
Bradesco
Worsening pandemic forces Santander Brazil to back off in-person work
Last Wednesday (25), Santander said in a statement to the union that it will further reduce the size of the...
March 26, 2021
Itaú Made R$1 Million Duplicate Transfers Using PIX, Sues Banks to Recover Funds
A dispute among Brazil's largest banks could be the PIX's first judicial "trial by fire", the Central Bank's (BC) new...
January 21, 2021
Brazilian Banks Must Purchase Some US$30 Billion in Foreign Currency by Year-end
Brazilian banks with investments abroad are experiencing a race for dollars this year. Institutions with branches abroad will spend some...
December 26, 2020
Brazil’s Antitrust Watchdog Investigates Banco Bradesco
Brazil's antitrust watchdog CADE opened an investigation into Banco Bradesco SA for anti-competitive practices against financial startup Guiabolso, according to...
May 1, 2019
Lagoa Christmas Tree Cancelled this Year in Rio de Janeiro
Residents and tourists of Rio de Janeiro will not see the iconic Lagoa Christmas Tree for the first time in...
December 3, 2016
Post Election Dollar Falls to Lowest Since August
While U.S. dollar falls, Brazil markets react positively to results of Sunday’s municipal elections.
October 4, 2016
Brazilian Banks Struggle to Keep Afloat in Troubled Economy
A recent survey showed that losses of small and medium sized financial institutions totaled R$1.5 billion until the third quarter...
February 9, 2016 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