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)