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Home > Company Index > Banking > Banking - Latin America, Middle East & Africa > Unibanco - Uniao de Bancos Brasileiros S.A.

Unibanco - Uniao de Bancos Brasileiros S.A.
NYSE: UBB
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 NEWS FROM THE WIRES
ADR REPORT - European chips slip, other ADRs edge up
Aug 07 2001 10:09 AM PDT

Brazilian Q2 bank profits seen firm, Itau to shine
Jul 24 2001 07:17 AM PDT

More WIRE STORIES about this company

 PROFILE
With more than 1,000 branches throughout Brazil, Unibanco - Uniao de Bancos Brasileiros is one of the nation's largest banks. The bank operates through four core units: Retail Banking, Wholesale Banking, Insurance, and Asset Management. Its Retail unit offers home and Internet banking, and its Wholesale division offers cash management and investment services. The bank also provides free Internet access to its clients. Under a joint venture, Unibanco and American International Group (AIG) sell health and life insurance. Through affiliates, Unibanco also provides credit card and leasing services. Outside Brazil, the bank has offices in the Bahamas, the Cayman Islands, Luxembourg, Paraguay, the UK, Uruguay, and the US.

 COMPETITION
Banco Bilbao Vizcaya Argentaria, S.A. (BBV)
Banco Bradesco S.A. (BBQCY)
Investimentos Itau S.A. (ITSA)

 DEALS
Deal: Portugal Telecom's PT Prime Buys Unibanco's Telcom Networks
Date Announced: 12.14.00
Value of transaction (US $Mil): 0
Description: Portuguese telco's Internet services division buys telecommunication networks from Brazilian bank and signs long-term service contract.

 STOCK ANALYSIS
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FURTHER ANALYSIS
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• Deals

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 4,672.00
1-Yr. Sales Growth: (24.3)%
Employees: 19,457
Revenue per employee: $240,119.24

 KEY PEOPLE
• Pedro Moreira Salles
    CEO
• Cesar A. Sizenando Silva
    CFO

 CONTACT INFO
Avenida Eusebio Matoso, 891
05423-901 Sao Paulo, Brazil
Phone: 55-11-3097-1313
Fax: 55-11-3813-6182
Online: Web Site

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