SAO PAULO, Aug 3 (Reuters) - Banco Bradesco SA, Brazil's No. 2 private-sector bank, agreed to purchase HSBC Holdings Plc's business in the country, according to a securities filing early on Monday. Bradesco was advised on the deal by its own investment banking unit Bradesco BBI, JPMorgan Ch
Read moreHONG KONG, Aug 3 (Reuters) - HSBC Holdings reported a 10 percent increase in earnings for the first half of the year, boosted by bumper profits in Hong Kong as the lender considers whether to move its headquarters from London to the Asian hub. HSBC also announced the sale of its Brazil unit
Read moreSAO PAULO, Aug 2 (Reuters) - Banco Bradesco SA, Brazil's No. 2 private-sector bank, has agreed to pay 17.6 billion reais ($5.2 billion) for HSBC Holdings Plc's Brazilian unit, magazine Veja's Radar blog reported late on Sunday. The transaction was informed to central bank officials late on
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Read moreJuly 31 (Reuters) - HSBC Holdings Plc is nearing a sale of its Brazilian unit to Banco Bradesco SA for close to $4 billion, FT reported, citing people familiar with the talks. HSBC may announce the deal when it reports results on Monday, the FT report said. (http://on.ft.com/1Mzf8gC)
-- Source link: (http://on.ft.com/1Mzf8gC) -- Note: Reuters has not verified this story and does not vouch for its accuracy
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