- Bloomberg•3 days ago
Olympics advertising is everywhere in Rio now, and front and center is Banco Bradesco SA, with posters on newstands, bus stops, digital displays and pretty much every other flat surface.
- 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.
Itaú Unibanco Holding S.A.NYSE
Pre-Market: 10.060.02 (0.20%) as of 7:20 AM EDT
|Bid||9.96 x 400|
|Ask||10.95 x 300|
|52wk Range||5.48 - 10.65|
|Day's Range||10.03 - 10.20|
|Avg Vol (3m)||14,212,201|
As of 4:03 PM EDT. Market closed.