UBS and Banco do Brasil to launch new investment bank in South America - News Daily

advertise

>

    • Wednesday, November 6, 2019

    Home Firstpost UBS and Banco do Brasil to launch new investment bank in South America

    UBS and Banco do Brasil to launch new investment bank in South America

    (Reuters) - UBS Group AG and Brazilian state-controlled lender Banco do Brasil SA are set to launch an investment bank in South America, UBS said on Wednesday. UBS will hold a 50.01% stake and Banco Do Brasil will own a 49.99% stake in the new investment bank, according to UBS. Both companies will appoint three members each to the board of the new investment bank, the statement said

    The post UBS and Banco do Brasil to launch new investment bank in South America appeared first on Firstpost.



    from Firstpost https://ift.tt/2NmKOwM
    Tags
    Author Image

    About news daily
    Soratemplates is a blogger resources site is a provider of high quality blogger template with premium looking layout and robust design. The main mission of soratemplates is to provide the best quality blogger templates which are professionally designed and perfectlly seo optimized to deliver best result for your blog.

    By at
    Labels:

    No comments:

    Post a Comment

    Subscribe to: Post Comments (Atom)