Banco do Brasil SA (BBAS3.SA)
R$ 0.22 (+0.54%)
|Market Cap(Mil.):||R$ 106,020.40|
* SIGNS NON-BINDING MEMORANDUM OF UNDERSTANDING (MOU) TO UPDATE TERMS OF THE STRATEGIC ALLIANCE BETWEEN MAPFRE AND BANCO DO BRASIL
RIO DE JANEIRO, Feb 2 Brazilian pension fund Caixa de Previdencia dos Funcionarios do Banco do Brasil, known as Previ, is sticking to its plans for an initial public offering of power holding company Neoenergia SA, the fund's Chief Executive Officer Geitiro Genso said on Friday.
SAO PAULO, Feb 1 Brazilian steelmaker Cia Siderúrgica Nacional will renegotiate debt owed to lenders Banco do Brasil SA and Caixa Econômica Federal.
SAO PAULO, Jan 30 Brazil's Finance Minister Henrique Meirelles on Tuesday said economic reforms, reduction of the state's presence in the economy and higher productivity may boost the country's growth rate to between 3.5 percent and 4 percent.
BUENOS AIRES/SAO PAULO, Jan 12 Banco do Brasil plans to wait for better market conditions before listing shares of Banco Patagonia, in which it has a majority stake, the CEO of Brazil's state-run bank told Banco Patagonia board members on Friday, two sources familiar with the matter said.
SAO PAULO, Jan 4 The volume of Banco Santander Brasil's farm loans rose about 44 percent last year as the Spanish bank's local unit grew its presence in the country's booming agribusiness sector, an executive said on Thursday.
SAO PAULO/BRASILIA Brazil's strongest year for initial public offerings since 2013 finished on a flat note this week as one company canceled its plans and what promised to be 2017's biggest listing priced at the bottom of the range.
SAO PAULO, Dec 15 BB Banco de Investimento SA, a wholly owned subsidiary of state-run Banco do Brasil, will keep its 9.35 percent ownership of electricity company Neoenergia SA after the utility canceled plans for an initial public offering, the bank said in a securities filing late on Thursday.
SAO PAULO, Dec 14 Brazilian utility Neoenergia SA is expected to decide for the postponement of its initial public offering, two sources with knowledge of the matter said on Thursday.
SAO PAULO, Dec 6 Banco do Brasil SA expects its return over equity to be higher than 10 percent next year, Chief Executive Officer Paulo Caffarelli told investors on Wednesday.