Business
Brazil Picks Merrill to Manage Stock Sale: Merrill Lynch & Co. bested Goldman, Sachs & Co. in the competition to arrange what could be Latin America’s biggest stock sale ever--of a portion of the government’s 51% stake in Cia.
Dec. 21, 1995
World & Nation
With the Brazilian economy booming and no more local elections scheduled this year, President Jose Sarney seems ready to tackle renegotiation of Brazil’s $100-billion foreign debt.
Nov. 25, 1985
AT&T; Forms Brazilian Joint Venture: AT&T; Corp. said it is forming a joint venture with two Brazilian partners to pursue wireless telecommunications services.
Sept. 14, 1995
Brazilian groups Bradesco and Votorantim and two Mexican conglomerates teamed up to create an online marketplace to trade goods and services across Latin America, along with U.S. software maker Ariba Inc.
July 14, 2000
Travel & Experiences
Rio de Janeiro kicked off the Christmas season with fireworks over its towering floating Christmas tree that was lighted Saturday night in Rodrigo de Freitas Lagoon.
Dec. 2, 2014
The parent company of First National Bank of Chicago said it had won Federal Reserve Board approval to purchase nearly all of the capital stock of the Brazilian investment bank Banco Denasa de Investimento S.A.
Oct. 4, 1985
Bank of America said it has completed the sale of its German consumer banking subsidiary, Bankhaus Centrale Credit AG, and German credit card operations to Banco de Santander S.A. . . .
May 5, 1987
First Chicago Corp. said Monday that it will take over management of a Brazilian affiliate, Banco Denasa de Investimento S.A., and establish a $107-million reserve for the bank, which will effectively wipe out First Chicago’s second-quarter profits.
June 18, 1985
What initially appeared to be a successful, unique attempt to punish several important businessmen for allegedly looting one of El Salvador’s banks has turned into a symbol of the continuing inability or refusal of the government to control the political and economic elite, according to diplomatic, banking and judicial sources.
July 26, 1991
A Panamanian bank has pleaded guilty to money-laundering charges in a major case involving drug proceeds for Colombia’s Medellin cartel and has been ordered to pay a record $5-million penalty, the U.S. attorney in Atlanta announced Monday.
Aug. 15, 1989