Banks for sale: BANCO DO BRASIL acquires bank in Argentina

BANCO DO BRASIL officially announced the acquisition of the sixth largest bank in Argentina, Banco Patagonia. The $480 millions deal was sealed after four months of negotiations. ¬†What does it mean in the strategy of the largest Brazilian bank? Should it reflect a step toward the integration of the Mercosul? With branches in New York,Continue reading “Banks for sale: BANCO DO BRASIL acquires bank in Argentina”