- Reuters•3 days ago
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.
- Reuters•4 days ago
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 ...
Banco do Brasil S.A.Sao Paolo
|52wk Range||12.52 - 23.62|
|Day's Range||20.51 - 21.19|
|Avg Vol (3m)||11,176,948|
As of 4:06 PM EDT. Market closed.