Banco do Brasil
Financial Services Company
Brazil stocks, real rise, bucking Dubai concerns...in international markets. Preferred shares of Vale <VALE5. SA>, the world's largest iron ore miner, rose about 1 percent to 42.90 reais. Banco do Brasil <BBAS3. SA>, Latin America's largest lender, closed up 1.95 percent to 30.78 reais... In this article: Dubai, Brazil, Sao Paulo, Brasilia, Futures contract, Dubai World, Banco do Brasil, and Vale |
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Reuters | 2 days ago
Exclusive: Banco do Brasil eyes U.S., Latin takeovers: CEO
By Elzio Barreto and Aluisio Alves Banco do Brasil <BBAS3. SA>, Latin America's largest bank by assets, may seek acquisitions in the United States, looking to benefit from "devalued" prices among regional lenders, Chief Executive Aldemir...
In this article: United States, Bovespa, Soybean, Orange juice, Sugar, U.S. Securities and Exchange Commission, and U.S. Federal Reserve
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Reuters | 2 days ago
Brazil stocks drop as Dubai fears mount; real up
...by name. Itau Unibanco <ITUB4. SA>, the nation's largest nongovernmental bank, led the Bovespa drop after tumbling 1 percent to 37.16 reais. Banco do Brasil <BBAS3. SA>, Latin America's largest bank, fell 0.8 percent to 29.94 reais.
In this article: Dubai, Bovespa, Brazil, Brasilia, Sao Paulo, London, Soybean, Orange juice, and Dubai World
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Reuters | 2 days ago
Banco do Brasil seeks Sao Paulo payroll deal-paper
...of any municipality in the country, Valor Economico newspaper reported. Both parties are also in advanced talks to transfer to Banco do Brasil management of Sao Paulo's banking relations with its suppliers, the newspaper said without...
In this article: Sao Paulo, Unibanco, Itau, Banco Bradesco, Luiz Inacio Lula da Silva, and Gilberto Kassab
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Reuters | 3 days ago
Brazil stocks fall on risk aversion, real weakens
...the index. Banks also declined. Itau Unibanco <ITUB4. SA>, Brazil's largest private-sector bank, lost 1.78 percent to 38.10 reais, Banco do Brasil <BBAS3. SA>, Latin America's largest bank by assets, slid 0.94 percent to 30.54 reais and...
In this article: Inflation, Brazil, Dubai, Futures contract, Dubai World, Caixa Economica Federal, Vale, Unibanco, and Itau
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PR Newswire: Travel | 5 days ago
TAM and Banco do Brasil Partnership to Enable Installment Payments for Airline Tickets for up to 36 Months
...Trucking & Railroad, Banking & Financial Services, Leisure & Tourism, Passenger Aviation, Travel Industry, Licensing TAM and Banco do Brasil Partnership to Enable Installment Payments for Airline Tickets for up to 36 Months
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Reuters | 5 days ago
UPDATE 2-New Brazil c.bank director favors independent bank
...favor of that, in conceptual terms, but the debate is much larger." Mendes, a 51-year-old former executive of state-controlled bank Banco do Brasil <BBAS3. SA>, was nominated last week to replace Mario Toros, who stepped down for personal...
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Reuters | 5 days ago
Banco do Brasil played key role in crisis-report
State-controlled Banco do Brasil <BBAS3. SA> played a key role in rescuing Brazilian companies and banks at the height of the turmoil in global financial markets last year, Valor Economico newspaper reported, citing unnamed sources. Banco...
In this article: Banco Safra, Sao Paulo, and Latin America
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Full print edition | November 12, 2009
Sources and acknowledgments
...Francis, Fabio Stul and Roberto Fantoni, all of McKinsey; Walter Cruz of Marcopolo; Nilson Teixeira of Credit Suisse; Aldemir Bendini of Banco do Brasil; Francisco Valim of Experian; Damian Fraser of UBS; Joao Augusto de Castro Neves of CAC;...
In this article: McKinsey, World Bank, Morgan Stanley, Credit Suisse, and UBS
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Reuters | October 28, 2009
Banco do Brasil may issue stock in US by year-end
* CEO says bank will be prepared for such a move * Says foreign demand for Brazil assets extremely positive Banco do Brasil <BBAS3. SA>, Latin America's largest bank by assets, could issue shares in the United States by the end of the...
In this article: United States, Brazil, Latin America, Joint venture, Tax, Soccer World Cup, and Principal Financial Group
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washingtonpost.com | October 27, 2009
Principal Financial extends Brazil joint venture
In this article: Joint venture, Principal Financial Group Inc., Brazil, Des Moines, Iowa, and Iowa
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More on Banco do Brasil
Description from Wikipedia:
Banco do Brasil S.A. (English: Bank of Brazil; BOV: BBAS3.SA) is a major Brazilian bank headquartered in Brasília. The bank was founded in 1808 and is the oldest surviving bank in Brazil — one of the oldest of The Americas.
Banco do Brasil is controlled by the Brazilian government but its stock is traded at the São Paulo Stock Exchange and its management follows standard international banking practices (Basel Accords). Since 2000 it is one of the four most-profitable Brazilian banks (the others being Bradesco, Banco Itaú, and Unibanco) and holds a strong leadership in retail banking.
- Name:
- Banco do Brasil
- Type:
- Public
- Location:
- Brasília, Brazil
- Founded:
- Rio de Janeiro, Brazil, 1808
- Industry:
- Finance and Insurance
- Key People:
- Antonio Francisco de Lima Neto (CEO)
- Products:
- Banking
- Revenue:
- $28.6 billion USD (2007)
- Net Income:
- $2.6 billion USD (2007)
- No. of Employees:
- 82,700
- Motto:
- Todo seu (All yours)
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