(Bloomberg) -- Banco BV SA, a midsize lender in Brazil, closed its brokerage firm and transferred clients to Banco Bradesco SA as part of an integration into a joint venture. Most Read from BloombergTrumpism Is Emptying ChurchesTrump Media Spirals as 36% Dive From Debut Erases BillionsTrump Media’s Accounting Firm Has Audit Deficiency HistoryGermany to Order Ships, Armored Vehicles Worth Up to €7 BillionWhy India’s South Rejects Modi — And Why It MattersCustomers of Banco BV - DTVM, which traded

In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector. The instant payments designed by Brazil's central bank are a boon to online retailers, helping with cash flow in a sector with tight margins, while undercutting the legacy business of banks and fintechs built on existing credit card infrastructure. "This s...

The controlling shareholders of Brazilian payments firm Cielo have reached an agreement with some minority shareholders to raise the price of a tender offer to take the company private, according to a securities filing on Tuesday. Under the agreement, lenders Banco do Brasil and Bradesco have committed to raise the offer price to 5.60 reais per share from 5.35 reais per share. That would lift the deal's total amount to 6.17 billion reais ($1.22 billion) if the lenders acquire all shares in Cie...

In just three years, Brazil's hugely popular Pix payment system has become the country's favorite way to pay, replacing cash and wire transfers in many cases and now threatening the dominance of credit cards in the booming e-commerce sector. The instant payments designed by Brazil's central bank are a boon to online retailers, helping with cash flow in a sector with tight margins, while undercutting the legacy business of banks and fintechs built on existing credit card infrastructure. "This s...

Bank Bradesco SA (NYSE:BBD) recently announced a dividend of $0 per share, payable on 2024-05-09, with the ex-dividend date set for 2024-04-02. As investors look forward to this upcoming payment, the spotlight also shines on the company's dividend history, yield, and growth rates. Using the data from GuruFocus, let's look into Bank Bradesco SA's dividend performance and assess its sustainability.

In this piece, we will take a look at Goldman Sachs’s investment portfolio and the top 12 penny stock picks. If you want to skip our overview of one of the most well known investment banks in the world, its recent predictions, and the general U.S. stock market climate, then you can take a look […]

In this article, we will look into the 20 most valuable Latin American companies. If you want to skip our detailed analysis, you can go directly to the 5 Most Valuable Latin American Companies. Economic Outlook of Latin America In 2023, Latin America witnessed sluggish growth due to high inflation, restricted monetary policies, and an […]

(Bloomberg) -- A plan by two of Brazil’s largest banks to take payments company Cielo SA private faces pushback from minority stakeholders who are planning to negotiate for a higher price, according to people familiar with the matter.Most Read from BloombergBiden’s Attempt to Address Memory Issue Backfires With New GaffeA 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on ChinaChina’s Property Crisis Is Starting to Ripple Across the WorldNew York City Is Considering a Laundry Pods CrackdownPut

Banco Bradesco S.A. (NYSE:BBD) Q4 2023 Earnings Call Transcript February 7, 2024 Banco Bradesco S.A. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Marcelo Noronha: Good morning, I am Marcelo Noronha, and I’m here live speaking from Cidade de Deus, it’s […]

* Brazil's central bank chief says GDP may surprise upwards * Mexico's president presents constitutional reforms * Latam FX up 1%, stocks jump 2% By Amruta Khandekar Feb 6 (Reuters) - Most Latin American stocks and currencies climbed on Tuesday as China's efforts to ramp up support for its downtrodden markets boosted risk appetite, though caution about the timing of U.S. interest rate cuts kept a lid on gains. MSCI's index for Latin American currencies gained 1.0% while regional stocks j...