Company Overview of HSBC Bank Brasil S.A. - Banco Múltiplo
HSBC Bank Brasil S.A. - Banco Múltiplo, together with its subsidiaries, provides various banking products and services in Brazil. The company offers personal banking products, including current and savings accounts, mortgages and personal loans, motor and installment loans, credit cards, debit cards, and local and international payment services. Its wealth management products and services comprise insurance products, including travel, life, and motor insurance; investment products, such as time deposits, funds, stocks, and savings; asset management services; and financial planning services. The company also provides commercial banking products and services, which consist of receivables finan...
Travessa Oliveira Bello nº 34
Curitiba, PR 80020-030
Key Executives for HSBC Bank Brasil S.A. - Banco Múltiplo
Chief Executive Officer, President and Executive Director
Chief Financial Officer and Executive Director
Head of Asset Management and Executive Director
Deputy Chief Executive Officer
Compensation as of Fiscal Year 2014.
HSBC Bank Brasil S.A. - Banco Múltiplo Key Developments
Nova Scotia Bank And Grupo Financiero Reportedly In Talks To Buy HSBC's Latin America Assets
Apr 9 15
The Bank of Nova Scotia (TSX:BNS) (Scotiabank) and Grupo Financiero Ve Por Más, S.A. De C.V (Ve por Más) are in talks to buy HSBC Holdings plc's (LSE:HSBA) Latin American assets, including banks in Mexico and Brazil, El Financiero reported April 7, 2015, citing sources close to the negotiations. Ve por Más is reportedly interested in HSBC México SA Institución de Banca Múltiple Grupo Financiero HSBC (HSBC Mexico, S.A.), which has a strong financial position despite the accusations that it has facilitated money laundering and tax evasion. For its part, Scotiabank could be after HSBC Mexico and/or HSBC Bank Brasil S.A. - Banco Múltiplo, although the high price tag for the latter has reportedly postponed a possible deal, the report said. HSBC Group Chief Executive Officer Stuart Gulliver is reportedly under pressure to sell some of the bank's assets to meet the group's growing demand for capital at home. Although a Scotiabank representative contacted by SNL said the bank does not comment on speculation regarding acquisitions, he said that Mexico is one of the bank's "priority markets".
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