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  • Banco do Brasil could sell US subsidiary

    2/21/19
    State-run Banco do Brasil is reportedly planning to sell its subsidiary in the US as part of a plan of CEO Rubem Novaes to sell non-core assets. The bank started its US operations in 2011 after it acquired Florida-based retail bank ...

  • Brazil's Cielo to buy back shares

    2/21/19
    The board of Brazilian card processor Cielo approved a share buyback program equivalent to 24mn reais (US$6.48mn). Cielo, which is the country's biggest card processor and controlled by Banco Bradesco and state-owned Banco do...