BB Seguridade Participações SA, the insurance holding company controlled by Brazil's largest bank, approved on Friday a plan to list its stock in New York in the form of American Depositary receipts, level I. In a statement, BB Seguridade said it hired Deutsche Bank Trust Company Americas as the depositary bank for the ADRs.
BB Seguridade is controlled by state-run Banco do Brasil SA
The insurer was accused by a short-seller of "extensive" fraud.
(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingElon Wants His Money BackRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainSingapore Loses ‘World’s Best
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