Search

1 result for “banking oligopoly

Nubank Posts First Billion-Dollar Quarterly Profit, ROE Hits 33% as Fintech Validates High-Growth Model
PROMarketsAug 14

Nubank Posts First Billion-Dollar Quarterly Profit, ROE Hits 33% as Fintech Validates High-Growth Model

Brazil's Nubank reports a record $1.06 billion quarterly net income with 33% ROE, confirming its dominance over the Latin America banking sector.