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Brazil's Bradesco confirms purchase of HSBC's Brazilian business

SAO PAULO, Aug 3 (Reuters) - Banco Bradesco SA, Brazil's No. 2 private-sector bank, agreed to purchase HSBC Holdings Plc's business in the country, according to a securities filing early on Monday.

Bradesco was advised on the deal by its own investment banking unit Bradesco BBI, JPMorgan Chase & Co (Xetra: 850628 - news) and N M Rothschild & Sons Ltd. (Reporting by Guillermo Parra-Bernal; Editing by Muralikumar Anantharaman)