Subject:
Banco Brasileiro de Descontos Banco Bradesco (branded as Bradesco) (BM&F Bovespa:BBDC3, BBDC4 / NYSE: BBD / BMAD: XXBDC) is one of the Big Four banks in Brazil, the others being Banco do Brasil, Itaú Unibanco and Santander Brasil. Bradesco was the largest private bank in Brazil until Banco Itaú and Unibanco merged in 2009. Bradesco is headquartered in Osasco, have 3,419[1] branches and 37,426[2] Automatic Teller Machines. Bradesco offers Internet Banking, insurance, pension plans, annuities,credit card services (including football club affinity cards for soccer fans) for customers, and savings bonds. The bank also provides personal and commercial loans, as well as leasing services. Internationally, Bradesco has branches in New York, Grand Cayman and Nassau, and banking or financial subsidiaries or affiliates in Nassau, Luxembourg, Buenos Aires, Grand Cayman and Tokyo.
Banco Bradesco is constantly expanding and has recently acquired Banco do Estado do Maranhão, Banco Mercantil de São Paulo, Banco Ibi S.A., and the Brazilian operations of Banco Bilbao Vizcaya Argentaria (BBVA), J.P. Morgan Fleming Asset Management and American Express.
Bradesco’s stock is traded on BM&F Bovespa, where it is part of the Índice Bovespa. It is also listed on the New York Stock Exchange and Madrid Stock Exchange. (Wikipedia Jan 2010)
Good and bad banks
By John Schroy, on May 8th, 2009 |

In May 2009, the Obama administration divided some of America’s largest banks into ‘good banks’ and ‘bad banks’.
This broke a long-standing practice of protecting the reputation of the US banking system. The Obama government seized TARP funds as an instrument of political power.
Banks, large and small, are now eager to escape the trap of taking TARP funds, which will require them to raise $74.6 billion, either by selling equities on the market, or from profits.
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