More Brazilian Banks Consolidate

Banco de Brasil, based in Brasilia, will acquire Banco Nossa Caixa, in a $2.25 billion dollar deal, according to Bloomberg. The new entity would be Latin America's largest bank, overtaking the newly formed conglomeration of Banco Itau and Unibanco a

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Banco de Brasil, based in Brasilia, will acquire Banco Nossa Caixa, in a $2.25 billion dollar deal, according to Bloomberg.

The new entity would be Latin America’s largest bank, overtaking the newly formed conglomeration of Banco Itau and Unibanco a few weeks ago.

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