Tags Bradesco

Tag: Bradesco

By Sarah Brown, Contributing Reporter RIO DE JANEIRO, BRAZIL - The Árvore de Natal da Lagoa (The Lagoa Christmas Tree) has long been an iconic and festive symbol in the lead up to Christmas in Rio de Janeiro. Yet for...
By Nelson Belen, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Monday, October 3rd, the day after Brazil’s municipal elections, the U.S. dollar fell to its lowest level since August earlier this year, closing at R$3.206/US$1, a decline of R$0.046...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Although large financial institutions in Brazil, such as Itau, Unibanco and Bradesco registered billion dollar profits last year, the small and medium sized banks in the country are struggling to...
By Lise Alves, Senior Contributing Reporter SÃO PAULO, BRAZIL – Brazil’s second largest private bank, Bradesco, has announced it has purchased HSBC’s operations in Brazil for R$17.6 billion (US$5.186 billion). Although the purchase will include most of HSBC’s business in...
By Kate Rintoul, Contributing Reporter RIO DE JANEIRO, BRAZIL — While some small businesses are struggling as Brazil’s economy falters, one of the country’s biggest banks, Bradesco has launched a credit package of up to R$10 billion for new loans...
By William Jones, Contributing Reporter RIO DE JANEIRO, BRAZIL – The Brazilian Central Bank has raised interest rates to a two-year high in a bid to control growing inflation. The organ signaled to the country’s banks that it is ready...
By Lucy Jordan, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Rio might be low on snowmen, reindeer and fireplaces, but it can’t be beat on one Christmas tradition: The famous Lagoa Christmas tree, a 28-storey glittering behemoth of seasonal...
By Stephen Eisenhammer, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - Bradesco is in the final stages of acquiring the Brazilian subsidiary of Spanish bank Santander, according to a report published in O Globo Sunday. Both banks have strongly denied...
By Jaylan Boyle, Senior Contributing Reporter RIO DE JANEIRO - Further evidence that the Brazilian economy is continuing on an upward trajectory was provided recently with the release by independent consultants Brand Finance of its list of "The 500 Most...
Opinion, by Doug Gray, Senior Contributing Reporter RIO DE JANEIRO - Shortly after carnival in the Sendas at Largo do Machado, I witnessed a group of Americans trying unsuccessfully to withdraw money from a huddle of four cash machines by...
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