SAO PAULO (Reuters) – Brazilian insurer BB Seguridade said on Tuesday its CEO Ullisses Assis has resigned from his position and its controlling shareholder, Banco do Brasil, has nominated one …
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BRASILIA (Reuters) – Brazilian state-run Banco do Brasil and the World Bank signed a memorandum of understanding on Tuesday on a $400 million credit line for sustainable agriculture and the …
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LISBON (Reuters) – Portugal’s Novo Banco said its lawyers were studying a ruling by a Lisbon court that Venezuela claims unblocks around $1.5 billion in Venezuelan state assets being held …
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(Reuters) – The private investment arm of the Inter-American Development Bank’s parent group on Friday announced alongside Colombia’s Banco de Bogota the issue of a sustainability bond worth $230 million …
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BRASILIA (Reuters) -Brazil’s President-elect Luiz Inacio Lula da Silva will announce the new chief executives of state-run oil company Petrobras, state-controlled lender Banco do Brasil and state lender Caixa Economica …
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MILAN (Reuters) – The European Central Bank has raised the minimum core capital requirement at Banco BPM to 8.70% for next year compared with 8.52% at present, Italy’s third-largest bank …
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By Tatiana Bautzer SAO PAULO (Reuters) – Brazilian bank Banco Safra acquired control of financial conglomerate Alfa for 1.03 billion reais ($192.2 million), the bank said in a statement late …
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St. Thomas, VI – United States Attorney Delia L. Smith announced today that Natasha Seetaram, 39, of St. Thomas, was sentenced by Chief District Judge Robert Molloy to 12 months …
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MILAN -Italy’s Banco BPM posted a higher-than-expected first-quarter net profit on Thursday, helped by a combination of higher revenues and lower loan writedowns. Banco BPM, which is Italy’s third-largest bank, …
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By Pamela Barbaglia LONDON – UniCredit has paused efforts to buy Banco BPM after losing more than a fifth of its value since Russia invaded Ukraine, two sources close to …
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By Carolina Mandl SAO PAULO – Brazilian state-controlled lender Banco do Brasil SA said in a filing on Monday that its 2022 net income is likely to rise by up …
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PARMA, Italy – Banco BPM is focused on growth opportunities as a standalone lender, the head of Italy’s third-largest bank said on Saturday, a day after renewed speculation that larger …
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MILAN – Italy’s Banco BPM has not received any information about a possible bid from bigger rival UniCredit, a source close to the bank said on Friday. Shares in Banco …
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SAO PAULO – Brazilian digital lender Banco Inter SA said it will not proceed with a planned listing on Nasdaq for now, according to a securities filing on Thursday. Inter, …
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By Tatiana Bautzer and Gram Slattery SAO PAULO/RIO DE JANEIRO – Banco Inter SA shareholders have approved the transfer of its listing from Brazilian stock exchange B3 to the U.S.-based …