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Brazil broker XP eyes acquisition to add clients, tech, says incoming CEO Reuters 2 days ago SAO PAULO, May 11 (Reuters) - Brazilian brokerage XP Inc said it is interested in acquiring companies which increase its number of clients or add new technologies, incoming Chief Executive Thiago Maffra told journalists on Tuesday. Last week, Reuters reported that XP was eyeing the Brazilian subsidiary of Credit Suisse Group AG, citing sources. XP's founder Guilherme Benchimol declined to comment on the matter, adding XP's priority is organic growth. (Reporting by Carolina Mandl)

RIO DE JANEIRO, BRAZIL - XP Inc. is interested in buying the Brazilian unit of Credit Suisse bank, two sources close to the matter said. The sources added that analyses are in early stages. One of the sources said it was clear that the Swiss bank has no interest in selling the unit, at least for now. In a note released by Credit Suisse in Brazil, the Swiss bank "categorically denied" that it is talking to any group about the subject. XP did not want to comment. A potential deal would double the size of XP in the asset management area . . .

BusinessBroker XP eyes Credit Suisse's Brazil unit -sources Carolina MandlTatiana Bautzer 2 minute read The Credit Suisse logo is seen at the headquarters in downtown Milan, Italy, March 9, 2016. REUTERS/Stefano Rellandini Brazilian broker XP Inc (XP.O) is interested in acquiring the Brazilian subsidiary of Credit Suisse Group AG (CSGN.S), two sources familiar with the matter said on Friday. Considerations are in very early stages, they said. One of the sources said it was clear the Swiss bank was not interested in selling the unit, at least for the time being. In a statement released by the ...

XP Inc. (XP) Q1 2021 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. XP Inc. (NASDAQ: XP) OK. Good afternoon, everyone. We hope all of you and your families are healthy and safe. Welcome to XP Inc.'s earnings conference call for the first quarter of 2021. I am Andre Martins, head of investor relations at XP Inc. And on behalf of the company, I would like to thank you all for the interest in our earnings call and make myself and Antonio Guimaraes available for future conversations and any follow-ups that you might ...

UPDATE 1-Bradesco CEO says Brazilian lender's loan defaults under control Reuters 3 hrs ago Popular Searches By Carolina Mandl SAO PAULO, May 5 (Reuters) - Banco Bradesco's loan defaults are under control despite the Brazilian lender's decision to set aside an extra 1 billion reais ($185.31 million) in the first quarter to blunt the impact of the coronavirus pandemic, Chief Executive Octavio de Lazari said on Wednesday. The CEO told analysts the bank is likely to end 2021 with between 15-16 billion reais in loan-loss provisions, roughly the mid-point of the annual outlook it unveiled in Feb...