Edition:
India

Carolina Mandl

Banco Safra creates proprietary alternative investments division

21 Feb 2020

SAO PAULO, Feb 21 Brazil's fourth-biggest private-sector lender Banco Safra SA has created a new division to manage alternative proprietary investments, the bank confirmed on Friday.

UPDATE 1-BTG Pactual founder Esteves returns to center stage amid speculation on role

18 Feb 2020

SAO PAULO, Feb 18 Banco BTG Pactual SA founder Andre Esteves will be the marquee speaker at a wide-ranging event on Wednesday sponsored by the Brazilian investment bank, marking a return to the limelight for one of the country's best-known bankers.

BTG Pactual founder Esteves returns to center stage amid speculation on role

18 Feb 2020

SAO PAULO Banco BTG Pactual SA founder Andre Esteves will be the marquee speaker at a wide-ranging event on Tuesday sponsored by the Brazilian investment bank, marking a return to the limelight for one of the country's best-known bankers.

BTG Pactual founder Esteves returns to center stage amid speculation on role

18 Feb 2020

SAO PAULO, Feb 18 Banco BTG Pactual SA founder Andre Esteves will be the marquee speaker at a wide-ranging event on Tuesday sponsored by the Brazilian investment bank, marking a return to the limelight for one of the country's best-known bankers.

UPDATE 2-BTG Pactual shares down on higher costs with retail unit

14 Feb 2020

SAO PAULO, Feb 14 Shares in Latin America's largest investment bank, Banco BTG Pactual SA, were down more than 4% after it reported a jump in costs related to its newly launched retail unit, although fourth-quarter profit rose more than 40% from a year earlier.

UPDATE 2-Banco do Brasil to raise 'billions of reais' with asset management sale -CEO

13 Feb 2020

SAO PAULO, Feb 13 Banco do Brasil SA's chief executive, who has pushed unsuccessfully to privatize the entire bank, said on Thursday that the lender will likely raise "billions of reais" from the sale of a controlling stake in its asset management unit.

UPDATE 1-Itau Unibanco to tackle costs, grow fees in tougher year

11 Feb 2020

SAO PAULO, Feb 11 Brazil's largest lender, Itaú Unibanco Holding SA, is banking on fee income growth and lower operating expenses to boost 2020 profits during a challenging year for the country's big banks.

UPDATE 1-Brazil's Itau Unibanco posts higher profit on consumer lending, fees

11 Feb 2020

SAO PAULO, Feb 10 Brazil's largest lender, Itau Unibanco Holding SA, reported profit on Monday that met analysts' estimate, mainly on consumer credit growth and fees from investment banking and fund management.

Shares in Brazil's Bradesco rise on outlook for 2020

05 Feb 2020

SAO PAULO Brazil's second-largest private lender Banco Bradesco SA unveiled a cautious but better-than-expected outlook for 2020 on Wednesday, sending its preferred shares up by more than 4% in morning trading.

UPDATE 2-Shares in Brazil's Bradesco rise on outlook for 2020

05 Feb 2020

SAO PAULO, Feb 5 Brazil's second-largest private lender Banco Bradesco SA unveiled a cautious but better-than-expected outlook for 2020 on Wednesday, sending its preferred shares up by more than 4% in morning trading.

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