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Tag: HSBC

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 Jay Forte, Contributing Reporter RIO DE JANEIRO, BRAZIL - On Tuesday, June 9th, HSBC bank announced it intends to terminate its activities in Brazil and Turkey, but plans to keep a stake in Brazil to serve large corporate clients....
By Chesney Hearst, Contributing Reporter RIO DE JANEIRO, BRAZIL – After seventeen years the iconic band, The Cure, will finally return to South America with Rio’s HSBC Arena as the first stop on their ‘LatAm2013 Tour’ on Thursday, April 4th....
By Nathan M. Walters, Contributing Reporter RIO DE JANEIRO, BRAZIL - Few living rock and blues singers have a repertoire as diverse as English howler Joe Cocker, one of the most preserving musicians to come out of the iconic sixties....
By Robbie Blakeley, Senior Contributing Reporter RIO DE JANEIRO, BRAZIL - After a massive success in Rio de Janeiro last year, the Ultimate Fighting Championship (UFC) is returning to the HSBC Arena in Barra da Tijuca this Saturday, January 14th....
By Michael DeLeo, Contributing Reporter RIO DE JANEIRO, BRAZIL - Ben Harper will perform at HSBC Arena in Barra de Tijuca to promote his new album, “Give ‘Till It’s Gone.”  The album was just released in May and he has...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - According to statistics by ABAC - Associação Brasileira de Administradoras de Consórcios (Brazilian Association of Consortiums Administrators), the Consorcios is utilized in almost one third of real estate transactions. A “Consorcio” as...
By Carlos Graffigna, Contributing Reporter RIO DE JANEIRO - The Brazilian banking system is not world-renowned for it's transparent efficiency, and when a foreigner is looking to get a mortgage here, the process can be daunting. The first question that...
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