The Rio Times
Americas · 36 mins ago
Banco do Brasil Profit Halves as Farm Loans Sour; Stock at 0.6x Book
3 Key Points — Banco do Brasil (BBAS3), Latin America's oldest bank — founded 1808, half-owned by the Brazilian state — earned a recurring net profit of R$3.43 billion ($672M) in its latest reported quarter, down…
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