|Bid||38.17 x 800|
|Ask||43.43 x 800|
|Day's Range||42.05 - 43.80|
|52 Week Range||20.00 - 52.94|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Brazilian broker XP Inc has approached Credit Suisse Group AG in Switzerland expressing its interest in acquiring the bank's subsidiary in Brazil, financial blog Brazil Journal reported on Friday, citing people with knowledge of the matter. The blog said talks are preliminary and that Credit Suisse executives in Switzerland have told CS executives in Brazil about the approach. XP and Credit Suisse did not immediately respond to Reuters requests for comment.
Credit Suisse Group AG denied on Friday a report that it had received an approach to sell its Brazilian subsidiary. Brazilian financial blog Brazil Journal said Brazilian broker XP Inc. had approached the bank in Switzerland. In a statement released by the Brazilian operation of Credit Suisse, the Swiss bank said it "categorically denied" it was talking to any group about the matter.
XP earnings call for the period ending March 31, 2021.