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Banco Bradesco SA

  • SAO PAULO, April 29- Banco Bradesco SA is prepared to deliver return on equity around 20 percent this year even if loan-loss provisions rise faster than loan book growth in the months ahead, Chief Financial Officer Luiz Carlos Angelotti said on Wednesday. The Osasco, Brazil- based bank, which witnessed an unexpected surge in loan defaults in the first quarter,...

  • SAO PAULO, April 29- Banco Bradesco SA felt the pinch of a flagging economy in the first quarter, as rising loan defaults and declining fee and insurance income took away luster from stronger-than-expected profit at Brazil's No. 2 private-sector bank. While the Osasco, Brazil- based bank posted robust recurring net income and return on equity last quarter, a jump...

  • NEW YORK, March 23- IRB Brasil RE plans to grow more aggressively in Latin America and Africa as part of an expansion that may require Brazil's largest reinsurer to seek an initial public offering or tap an outside partner before 2018, Chief Executive Officer Leonardo Paixão said on Monday. In Brazil, infrastructure projects from factories to shipbuilding...

  • SAO PAULO, Feb 23- Fallout from a corruption scandal at Brazil's state-controlled oil producer could hurt Banco do Brasil SA more than any other large bank, though quantifying damage from potential loan losses is difficult, UBS Securities said on Monday. Banco do Brasil is the nation's largest lender by assets. On the other hand, Itaú Unibanco Holding SA and...

  • SAO PAULO, Jan 29- Banco Bradesco SA, Brazil's second-biggest private sector bank, on Thursday forecast lower lending growth for this year than it estimated for 2014, highlighting the economic headwinds facing Latin America's largest economy. The forecast highlights increased caution as Brazil's economic imbalances and growing skepticism over...

  • BRASILIA, Jan 5- Brazil's government must make difficult budget cuts to improve investor confidence and restore economic growth, the country's new Finance Minister Joaquim Levy said on Monday. He said that Brazil would see benefits such as greater business confidence, better-developed credit markets, higher levels of entrepreneurship and greater foreign...

  • BRASILIA, Jan 5- Brazil's government must focus on making difficult fiscal adjustments in order to get economic growth and investment back in gear, the country's new Finance Minister Joaquim Levy said on Monday. At his swearing-in ceremony in Brasilia, Levy said the process will require the participation of society as a whole and will involve changes to taxes...

  • India and Indonesia currently look the most promising, fund managers say, following the election of pro-business governments on a ticket to introduce reforms that will open up state companies to foreign investment and cut red tape. "Reformers are performers," said Bill Street, head of investments for Europe, the Middle East and Africa at State Street.

  • Even if Brazil wins World Cup, it loses: Bankers Thursday, 26 Jun 2014 | 10:34 AM ET
    Children play football in the street in the poor neighbourhood of Itaquera, adjacent to the 'Arena de Sao Paulo' stadium, on June 21, 2014 in Sao Paulo, Brazil.

    Emerging markets experts at Deutsche Bank, JPMorgan and Morgan Stanley are bearish on investing in Brazil regardless of the World Cup.

  • Meet the banks of the future Sunday, 27 Apr 2014 | 7:00 AM ET
    Fast-forward to the future: ING Direct's concept for digitized bank branches

    As banks fight for profit, branches will be retooled into community hubs with interactive tech so consumers can do a host of retail transactions.

  • The Best Market Outside the US: Pro Wednesday, 10 Jul 2013 | 1:48 PM ET
    The Best Market Outside US: Pro

    It's time to buy what others are selling in emerging markets, Will Landers of BlackRock says.

  • SAO PAULO, Oct 25- Brazil's banking sector will undergo profound changes over the next two years as government efforts to keep interest rates at record lows translate into lower credit costs and more competition, the head of the nation's largest foreign lender said on Thursday.

  • SAO PAULO, Oct 25- Brazil's banking sector will undergo profound changes over the next two years as government efforts to keep interest rates at record lows translate into lower credit costs and more competition, the head of the nation's largest foreign lender said on Thursday.

  • SAO PAULO, Oct 25- Banco Santander Brasil SA posted an 8.5 percent decline in third-quarter profit on Thursday, as rising delinquencies forced the nation's largest lender to boost bad loan provisions.

  • *Adds to views that Brazil's banks headed for rough patch. *Itau's expense, provision cuts may help stem profit drops.

  • Oct 8- Members of the machinists union went on strike at the Bombardier Inc Learjet facility in Wichita, Kansas, on Monday after rejecting a contract offer that would raise healthcare costs.

  • Oct 8- Members of the machinists union went on strike at Bombardier Learjet's facility in Wichita, Kansas, on Monday after rejecting a contract offer that would raise healthcare costs.

  • Lufthansa wants more buying power with plane makers Friday, 5 Oct 2012 | 11:37 AM ET

    FRANKFURT, Oct 5- Lufthansa is seeking to unify standards across its group of five airlines for the engines and cockpits of planes it would deploy in future as part of efforts to boost its purchasing power over aircraft makers.

  • *Shares of SNC-Lavalin rise 1.3 pct. VANCOUVER, Oct 4- The province of British Columbia said on Thursday it has selected a consortium led by SNC-Lavalin Inc to design, build and finance a C $1.4 billion light-rail line linking three suburban cities in the greater Vancouver area.

  • *Secures orders for six global business jets. *Bombardier aerospace- the transaction is valued at approximately $350. *Bombardier Aerospace says received firm orders from an undisclosed customer.