Category: Brazilian Bank

Bradesco Will Continue To Scale Back Its Branch Network As Luiz Carlos Trabuco Takes Over As Chairman Of The Board

Banco Bradesco is facing a huge challenge. More Brazilians are using the Internet to bank, and that means local bank branches are becoming a liability instead of an asset. The 91-year-old chairman of the bank, Lazaro de Mello Brandão, is retiring, and the new chairman will have to close many of those branches in order …

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