Banco Bradesco S/A Pref ADR (BBD) News

Banco Bradesco S/A Pref ADR (BBD): $4.09

0.03 (+0.74%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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Industry: Foreign Banks


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Latest BBD News From Around the Web

Below are the latest news stories about BANK BRADESCO that investors may wish to consider to help them evaluate BBD as an investment opportunity.

UPDATE 1-Brazil government to investigate lenders for alleged credit card fraud

Brazil's government on Thursday announced it will investigate 23 financial institutions, including the country's top banks, for allegedly issuing unsolicited credit cards when customers signed up for payroll loans and charging them undisclosed fees. The Justice and Public Security Ministry said in a statement that lenders provided customers with credit cards without prior notice when they signed up for such loans, which are repaid through automatic deductions from the borrower's paycheck. The investigation follows complaints from a consumer protection agency in Rio de Janeiro state, it added, saying payroll loan withdrawals were allegedly charged through the unsolicited credit cards.

Yahoo | August 25, 2022

Brazil's Bradesco buys Ictineo to create digital bank in Mexico

Brazilian lender Banco Bradesco SA said on Thursday its subsidiary Bradescard has agreed to acquire Mexico's Ictineo Plataforma SA in a bid to offer digital accounts in Latin America's second-largest economy. Bradesco said the acquisition will allow the bank to enter the banking retail area, offering digital accounts, payroll loans and investment accounts. The Brazilian bank has been in Mexico for 12 years through financing company Bradescard Mexico.

Yahoo | August 25, 2022

UPDATE 1-Brazil's Bradesco buys Ictineo to create digital bank in Mexico

Brazilian lender Banco Bradesco SA said on Thursday its subsidiary Bradescard has agreed to acquire Mexico's Ictineo Plataforma SA in a bid to offer digital accounts in Latin America's second-largest economy. Bradesco said the acquisition will allow the bank to enter the banking retail area, offering digital accounts, payroll loans and investment accounts. The Brazilian bank has been in Mexico for 12 years through financing company Bradescard Mexico.

Yahoo | August 25, 2022

7 Cheap Dividend Stocks Under $5

These cheap dividend stocks under $5 offer a remarkable dividend yield and are trading well below their historic valuations.

Muslim Farooque on InvestorPlace | August 15, 2022

Exclusive: UnitedHealth struggling to sell Brazilian unit Amil - sources

UnitedHealth Group Inc, the top U.S. healthcare company by market capitalization, is struggling to sell Brazilian unit Amil due to antitrust issues and growing losses from individual health plans, according to four people with knowledge of the matter. After studying ways to divest Amil 10 years after acquiring it, UnitedHealth decided last month to suspend the sale process, the sources said, asking for anonymity because the discussions were private. UnitedHealth had agreed to pay acquirers for Amil's loss-making units and lose money on the sale of the whole company, but did not receive an attractive proposal, the sources added.

Yahoo | August 3, 2022

LYG or BBD: Which Is the Better Value Stock Right Now?

LYG vs. BBD: Which Stock Is the Better Value Option?

Yahoo | July 8, 2022

France's BNP Paribas transfers wealth management ops in Brazil to Bradesco

French bank BNP Paribas SA has transferred its wealth management operation in Brazil to local rival Banco Bradesco SA , according to a securities filing and a letter to investors. The agreement to close its private bank in Brazil is a result of a "constant review of portfolio", a BNP letter to its clients said. The migration to Bradesco's private bank will happen over the next month.

Yahoo | June 22, 2022

Banco Bradesco (BBD) Upgraded to Buy: What Does It Mean for the Stock?

Banco Bradesco (BBD) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Yahoo | June 20, 2022

Is Banco Bradesco (BBD) Stock Outpacing Its Finance Peers This Year?

Here is how Banco Bradesco (BBD) and Capital City Bank (CCBG) have performed compared to their sector so far this year.

Yahoo | June 16, 2022

7 High-Yielding Monthly Dividend Stocks to Buy in June

Monthly income compliments investors holding growth and value stocks by supplying a regular stream of dividends.

Chris Lau on InvestorPlace | June 6, 2022


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