Brazil’s Bradesco to choose new CEO among internal candidates

Brazil’s Banco Bradesco will probably choose a new Chief Executive Officer from internal candidates, CEO Luiz Carlos Trabuco said on Wednesday. Trabuco said he will temporarily serve as both CEO and chairman at Brazil’s second-largest private lender following the resignation of Chairman Lazaro Brandao, one of the country’s most powerful bankers. The name of the new CEO will be announced 30 days before the bank’s shareholder assembly in March 2018. The Times of India reports. Grupo Bimbo moves Spanish headquarters from Catalonia to Madrid Mexican baker Grupo Bimbo has announced it will move its Spanish headquarters from Catalonia to Madrid, citing uncertainty after the Catalan independence referendum. The aim of the decision is to “maintain the necessary legal security to […]

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