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4 results for “state-owned banks”
Politics• 2h ago
Brazil’s Highest Labor Court Rules Caixa Strike ‘Non-Abusive,’ Bars Wage Discounting
Brazil's Superior Labor Court (TST) sided with employees of state-owned bank Caixa Econômica Federal, declaring their strike legal and protecting them from pay penalties, setting a precedent for public sector labor disputes.
PROMarkets• Sep 04
Brazil’s Major Banks Partner to Tokenize Real Estate Credit on Blockchain
Brazil’s two largest state-owned banks and major credit cooperatives will use blockchain to overhaul the $63 billion real estate financing process.
PROPolitics• Aug 18
Brazil Regulator CVM Targets State Bank CEO Over Stock Recommendation
Brazil's market regulator, the CVM, is pursuing action against Banco do Brasil's CEO, Tarciana Medeiros, for recommending its stock.
Small Caps• Aug 13
Brazilian Yield Hunt Turns to Industrial Small-Caps, Offering Double-Digit Payouts
A hunt for high dividend yields in Brazil is shifting from traditional state-owned banks and commodity firms to smaller industrial and construction companies.