Bradesco Turnaround Takes Shape as CEO Marks One Year on the Job.

التفاصيل البيبلوغرافية
العنوان: Bradesco Turnaround Takes Shape as CEO Marks One Year on the Job.
المؤلفون: Lucchesi, Cristiane (AUTHOR), Andrade, Vinícius (AUTHOR)
المصدر: Bloomberg.com. 11/22/2024, pN.PAG-N.PAG. 1p.
مصطلحات موضوعية: *CORPORATE profits, *INVESTORS, *QUARTERLY reports, *LOANS, *CAPITAL costs, *PAYROLL services
الشركة/الكيان: BANCO Bilbao Vizcaya Argentaria SA , BANCO Bradesco SA
مستخلص: Marcelo Noronha, CEO of Banco Bradesco SA, has been restructuring the bank to enhance competitiveness amidst rising interest rates and increased competition from fintech companies. Under his leadership, the bank has seen improvements in net income and return on equity, although it still lags behind some competitors. Noronha's strategic changes include closing branches, focusing on safer credit portfolios, and investing in technology and partnerships to boost profitability in the long run. Despite challenges, Noronha remains committed to a gradual and strategic approach to achieving sustainable growth for Bradesco. [Extracted from the article]
Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
قاعدة البيانات: Business Source Index