{
Banco Bradesco S.A.

Companies

}

lula appoints new central bank directors amid rising interest rates

Brazil President Luiz Inacio Lula da Silva has appointed three new directors to the central bank amid rising investor demands for aggressive interest rate hikes to combat inflation. Nilton David, from Banco Bradesco SA, will oversee monetary policy, while Gilneu Vivan and Izabela Correa, both current employees, will handle regulation and institutional relations, respectively.
Bloomberg.com
Brazilian Real Banco Bradesco S.A. BRA Nilton David Madeiros Izabela Correa
Finance & Economy, News Article
21:01 29.11.2024

intercement bondholders accuse bradesco of undisclosed conflict in debt restructuring

A group of bondholders from InterCement Participacoes SA has filed a complaint against Banco Bradesco SA, alleging the bank failed to disclose a conflict of interest during the cement maker's debt restructuring. The investors claim Bradesco concealed that its preferred shares included a put option, which gave it an advantage. The complaint was submitted to the New York State Supreme Court.
bloomberg.com
United States Dollar InterCement Participações SA Banco Bradesco S.A. BRA
Regulatory & Legal, News Article
18:48 11.11.2024
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