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Search resuls for: "Leonardo Benassato"


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Banco do Brasil's quarterly profit edges up on interest income
  + stars: | 2023-11-08 | by ( ) www.reuters.com   time to read: +1 min
Banco do Brasil's adjusted net income reached 8.79 billion reais ($1.79 billion) during the period, while analysts polled by Refinitiv expected 8.98 billion reais. Loan-loss provisions were at 7.52 billion reais in the period, up 4.7% from the previous quarter and 66.4% higher than a year earlier. Part of that growth was caused by the reclassification of debt from struggling retailer Americanas (AMER3.SA), Banco do Brasil said. The bank's 90-day loan default ratio grew 0.8 percentage points compared to the previous quarter to 2.81%, still well below the delinquency level of its listed peers. The company's interest income rose 21.1% from a year earlier to 23.68 billion reais, while analysts expected 23.28 billion reais.
Persons: Leonardo Benassato, Peter Frontini, Anthony Esposito, Sandra Maler Organizations: Banco, REUTERS, SAO PAULO, Brasil SA, Americanas, Brasil, Thomson Locations: Brasil, Uberaba, Minas Gerais, Brazil
In July, Reuters reported that Brazil's Federal Police disapproved of Bolsonaro's gun policies, arguing they would put more weapons in the hands of criminals. Of all the weapons now available to Brazil's gun fans, the T4 has emerged as the weapon of choice for its gangsters. A common tactic used by gangs - as seen in the case of Huijsman's T4 - is to steal weapons from CAC permit-holders' homes. On Oct. 31, 2021, Minas Gerais military police and Brazil's Federal Highway Police carried out two raids against alleged bank robbers hiding out near Varginha, killing 26 of them. Marques, the gun expert, said Huijsmans' rifle wouldn't be the last legally acquired firearm to turn up at a crime scene.
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