Brazil government, banks in talks about bailing out companies [Reuters]
Banco Santander Brasil SA American Depositary Shares, each representing one unit (BSBR)
Last banco santander brasil sa american depositary shares, each representing one unit earnings: 11/1 04:01 pm
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Source: Reuters
Brazil government, banks in talks about bailing out companies BRASILIA/SAO PAULO (Reuters) - Brazil’s Economy Ministry is talking with banks about providing bailouts to sectors such as airlines, automakers, power companies and large retailers to help them survive the coronavirus crisis, bank executives confirmed on Wednesday in live presentations. Reuters reported earlier on Wednesday that Brazil’s biggest lenders - such as Banco Bradesco, Itau Unibanco Holding SA ( ITUB4.SA ), Banco Santander Brasil and Banco do Brasil SA ( BBAS3.SA ) - have discussed with the country’s central bank and development bank BNDES how and which financial instruments could be used to rescue embattled companies. The auto sector is demanding in talks with government and banks a 100 billion reais ($19.10 billion) bailout, three people with knowledge of the matter said. Still, sources doubted that the package would reach that amount. “Talks among banks, BNDES and the Treasury have been very productive,” Ba
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News
- Nu Holdings Stock Falls 21% in 3 Months: Is This a Buying Opportunity? [Yahoo! Finance]Yahoo! Finance
- Banco Santander (Brasil) S.A. (NYSE: BSBR) was downgraded by analysts at Bank of America Co. from a "buy" rating to a "neutral" rating.MarketBeat
- Are Options Traders Betting on a Big Move in Banco ntander Brasil (BSBR) Stock? [Yahoo! Finance]Yahoo! Finance
- Banco Santander (Brasil) S.A. (NYSE: BSBR) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
- Banco Santander (Brasil) S.A. (NYSE: BSBR) was upgraded by analysts at JPMorgan Chase & Co. from a "neutral" rating to an "overweight" rating. They now have a $6.00 price target on the stock, down previously from $7.00.MarketBeat
BSBR
Sec Filings
- 12/17/24 - Form 6-K
- 12/17/24 - Form 6-K
- 12/17/24 - Form 6-K
- BSBR's page on the SEC website