BRIEF-Emergent Capital announces supplement no. 1 to exchange offer
* Emergent Capital announces supplement no. 1 to exchange offer Source text for Eikon: Further company coverage:
Feb 14 Chairman Wu Tang-chief of Hua Nan Financial Holdings Co Ltd, one of Taiwan's biggest state-controlled financial holding firms, told Reuters on the sidelines of a business event:
* Its banking unit will buy local and foreign bonds worth T$80 billion ($2.58 billion) this year
* The unit will also issue subordinated bond of T$6 billion in 2017
* Hua Nan Financial said recently they see profit this year rising to at least T$16 billion versus T$14 billion in 2016 amid Taiwan's mild economic growth
Further company coverage: (Reporting by Loh Liang-sa; Writing by Faith Hung)
RIO DE JANEIRO/BRASILIA, May 26 Maria Silvia Bastos resigned on Friday as head of Brazil's development bank BNDES amid a political crisis that had increased pressure against her by credit-starved business leaders.