BB, American Express to launch new credit card June 17

Bnamericas Published: Monday, June 15, 2009
Brazil's Banco do Brasil ( BB) and American Express (NYSE: AXP) plan to launch a new credit card and will make an official announcement on Wednesday (Jun 17), the two said in a joint release. BB owns a 32% stake in VisaNet, the Brazilian card processing company set to launch its IPO on June 29.

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