Brazilian state lender Caixa Economica Federal has chosen the bank syndicate that will manage the initial public offering (IPO) of its insurance unit, three sources with knowledge of the matter said. Morgan Stanley will lead a 10-bank syndicate including the …
France’s CNP Assurances SA has reached a deal worth 7 billion reais ($1.7 billion) with Caixa Economica Federal to sell insurance in the bank’s more than 3,000 branches, the Brazilian state-owned lender said on Thursday. Earlier on Thursday, Reuters reported …
Brazil’s Caixa Economica Federal is mulling strategic partnerships for its credit card, asset management and insurance units before taking them public, Chief Financial Officer Andre Laloni said on Friday [March 29]. This strategy is part of Caixa’s plan to raise …
