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
Read moreSYDNEY, July 31 (Reuters Basis Point) - HSBC, Europe's largest bank by assets, has appointed Scott Couzner as head of M&A in Australia from UBS, where he was most recently running the Southeast Asian M&A team, the bank said in a statement on Friday. Couzner's appointment comes at a time whe
Read more* Ruling could result in other firms making similar claims * Firm suing for negligent implementation of FCA review * Ruling may enable time limits on cases to be lifted * Holiday park operator claimed compensation inadequate By Matt Scuffham LONDON, July 30 (Reuters)
Read moreJERUSALEM, July 30 (Reuters) - The Tel Aviv Stock Exchange (TASE) secured its members' approval on Thursday to turn into a for-profit body, a move aimed at boosting trading volumes and reversing a tide of delistings. Amnon Neubach, chairman of Israel's only stock exchange, said that privati
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