Banco Bradesco, S.A.(BBD)- NYSE
  • Aug. 3, 2015, 3:00 AM
    • In another retreat from the emerging markets, HSBC (NYSE:HSBC) declared it would sell its Brazilian business to Bradesco (NYSE:BBD) for $5.2B, after years of feeble performance.
    • The news came with the bank's second-quarter results. Profit for the period fell 4% to $4.4B as HSBC continued to overhaul its operations in an effort to cut billions in annual costs by the end of 2017.
    | Aug. 3, 2015, 3:00 AM | 7 Comments
Company Description
Banco Bradesco SA operates as an international bank. It offers banking and financial products and services. The company operates through two segments: Banking, and Insurance, Pension & Capitalization Bonds. The Banking segment includes individuals and small, midsized, and large companies in... More
Sector: Financial
Industry: Foreign Regional Banks
Country: Brazil