SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Unibanco -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (5)11/26/1998 11:19:00 PM
From: Bob Mohebbi  Read Replies (1) | Respond to of 8
 
I've heard that
"Brazil's largest private bank, Bradesco, is now finalizing the details to purchase UBB hook, line and sinker. UBB's shares have risen "only" about 10% in the local bourse today. New York, you know, is closed for Thanksgiving. Buy now (tomorrow) and get rich quick. Bradesco's move pulls the rug out from under Citibank's thwarted attempt to expand in Brazil's retail banking market by buying UBB's retail operations."