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Italian cablemaker Prysmian has shifted around management in Brazil and Latin America as it gears up local plants to boost supply to the electricity sector and future offshore wind farms in the...
State-controlled lender Banco do Brasil reported on Thursday 4.8% growth in fourth-quarter adjusted net profit and adjusted net income of 9.44 billion reais. Analysts polled by LSEG...
State-controlled lender Banco do Brasil on Thursday forecast its adjusted net profit would grow by up to 12.5% in 2024 compared with the previous year, with new provisions for bad loans expected to...
SAO PAULO (Reuters) -Brazil's largest private lender, Itau Unibanco, on Monday said it expects to accelerate lending this year, while net interest income ...
SAO PAULO (Reuters) -Payments company Cielo said on Monday a trio of Brazilian firms including its controlling shareholders had launched a tender offer to take it private in a deal that could be worth up to 5.90 billion reais ($1.18 billion). Lenders Bradesco and Banco do Brasil, which together hold almost 60% of Cielo, are making the offer together with their shared holding company, Grupo Elopar. The offer would be at 5.35 reais per share, a 6.4% premium from Monday's closing price, Banco do Brasil and Bradesco said in separate filings.