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Banco Bradesco SA (BBDC3.SA)

BBDC3.SA on Sao Paulo Stock Exchange

30.22BRL
23 May 2019
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R$ 30.22
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Mon, May 6 2019

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Brazil's Bradesco to buy Florida bank to focus on wealthy individuals

SAO PAULO Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank, which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.

UPDATE 3-Brazil's Bradesco to buy Florida bank to focus on wealthy individuals

SAO PAULO, May 6 Banco Bradesco SA has embarked on its first-ever international acquisition by paying approximately $500 million to buy BAC Florida Bank , which focuses on high-net-worth individuals in a move intended to close the gap with Brazilian rivals.

Brazil's Bradesco agrees to buy Florida bank for $500 mln -filing

SAO PAULO, May 6 Brazil's Banco Bradesco SA has agreed to pay approximately $500 million for BAC Florida Bank, which focuses on high net worth non-resident individuals, according to a securities filing on Monday.

Brazil's antitrust watchdog investigates Banco Bradesco

SAO PAULO Brazil's antitrust watchdog CADE opened an investigation into Banco Bradesco SA for anti-competitive practices against financial startup Guiabolso, according to a CADE statement on Tuesday.

UPDATE 1-Brazil's antitrust watchdog investigates Banco Bradesco

SAO PAULO, April 30 Brazil's antitrust watchdog CADE opened an investigation into Banco Bradesco SA for anti-competitive practices against financial startup Guiabolso, according to a CADE statement on Tuesday.

UPDATE 2-Brazil's Bradesco Q1 meets forecasts, sees asset quality gains

SAO PAULO, April 25 Brazil's No. 2 private-sector lender Banco Bradesco SA posted a 22 percent gain in quarterly recurring net income, meeting forecasts, as default ratios hit all-time lows.

Brazil's Banco Bradesco hits profit estimates as loan picks up

SAO PAULO, April 25 Brazil's second largest private lender Banco Bradesco SA hit first-quarter analysts' estimates for profit on Thursday, as its loan book grew and loan-loss provisions fell.

UPDATE 1-Brazil's Bradesco optimistic on pension reform approval

SAO PAULO, April 2 Banco Bradesco SA, Brazil's second-largest private lender, is optimistic about the chance of approval of the country's pension reform plan, executives said on Tuesday.

UPDATE 2-Brazil's Banco Bradesco sets aggressive 2019 targets, including potential acquisitions

SAO PAULO, Jan 31 Banco Bradesco SA on Thursday posted forecast-beating quarterly earnings and set more aggressive targets for 2019, including eyeing upcoming government asset sales, sending the Brazilian lender's shares to a record high.

Brazil's Banco Bradesco beats profit estimates on lower provisions

SAO PAULO, Jan 31 Brazil's second largest private lender Banco Bradesco SA reported a 19.9 percent rise in fourth-quarter profit over a year earlier and beat analysts' average estimate on lower loan-loss provisions.

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