Banco do Brasil News

Brazil’s BB Seguridade, Smiles SA Conclude IPO’s – Boosts Insurance

Brazil’s BB Seguridade Participações SA sealed the world’s biggest initial public offering in seven months at a time when confidence in the South American giant has ebbed because of concerns about high inflation and mounting government interference in some sectors …

Banco do Brasil Insurance Unit IPO Suspended for 30 Days

Brazil’s securities regulator CVM on Monday suspended the initial public offering of Banco do Brasil SA’s insurance unit BB Seguridade for 30 days, citing irregularities in the use of advertising materials. The offer could be canceled if the irregularities are …