Banco do Brasil S.A.
Sao Paolo
21.050.38 (1.84%)
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Prev Close20.67
Bid21.03 x
Ask21.06 x
52wk Range12.52 - 23.62
Day's Range20.51 - 21.19
Avg Vol (3m)11,176,948
As of 4:06 PM EDT. Market closed.
  • Reuters3 days ago

    Record bankruptcies pressure Brazil banks as recession bites

    By Guillermo Parra-Bernal SAO PAULO, July 26 (Reuters) - Brazil's harshest recession in eight decades is prompting some of the nation's top banks to reclassify some 90 billion reais ($27 billion) in problematic corporate loans, eroding profits as banks struggle with a doubling in bankruptcy protection filings. Some companies, like rig leaser Sete Brasil Participações SA and phone carrier Oi SA, have been forced to seek court protection from creditors. In June, Oi filed for Brazil's largest in-court reorganization on 65 billion reais of obligations.

  • Reuters4 days ago

    EMERGING MARKETS-Latam stocks, currencies fall ahead of Fed, BOJ meetings

    Latin American currencies and stocks ended mostly lower on Monday as traders avoided risky bets ahead of this week's U.S. Federal Reserve and Bank of Japan policy meetings. Traders overwhelmingly bet the ...