SAO PAULO--(BUSINESS WIRE)--According to Fitch Ratings, the recently announced sale of HSBC Bank Brasil S.A. - Banco Multiplo does not change the Brazilian asset management industry's competitive landscape. On Aug. 3 HSBC Holding Plc (long-term IDR 'AA-'/Outlook Stable) announced that it had reached an agreement to sell its Brazilian operation to Banco Bradesco S.A. (foreign currency long-term IDR 'BBB+'/Outlook Negative). The sale of HSBC Bank Brasil S.A. - Banco Multiplo will include its asse
| < Prev | Next > |
|---|
