Banco Bradesco Sa American Depositary Shares (BBD) Company Bio
Banco Bradesco SA offers a range of banking and financial products and services in Brazil and abroad to individuals, companies and local and international corporations and institutions. The company was founded in 1943 and is based in Osasco, Brazil.
I wasn't overly fond of Itau Unibanco (ITUB) back in the fall of 2019, and while COVID-19 wasn't on the radar then, Itau's performance since then has been lackluster - lagging the Brazilian exchange by more than 20% and Banco Santander (BSBR) by about 15%, while outperforming Bradesco (BBD) by...
Stephen Simpson, CFA on Seeking Alpha | August 11, 2020
Brazilian lender Banco Bradesco SA plans to have employees work from home an average of one week per month permanently in order to save on rent and sell some real estate, Chief Executive Octavio de Lazari Junior said in an interview. Bradesco's remote work plans for its nearly 97,000 workers are the latest example of how the coronavirus pandemic has major companies rethinking real estate and redefining the workplace. "Remote work full time is not productive, as people must exchange ideas and understand the bank's culture," Lazari said, explaining the balance between working from home and the office.