Since January 12, when “accounting inconsistencies” were revealed, the stocks lost 91.6% 01/20/2023 Americanas filed for court-supervised reorganization after accusing creditor banks of executing “illegal withdrawals” — Foto: Divulgação In a session marked by the Americanas’s request for bankruptcy protection, accepted by the courts, and exchange of accusations between the company and its creditors, the […]
Also, CEO announced plans for better efficiency index than Brazil’s large banks 01/19/2023 João Vitor Menin — Foto: Silvia Zamboni/Valor Banco Inter wants to reach 60 million clients by 2027, CEO João Vitor Menin said on Wednesday during the company’s Investor Day. The bank outlined in the event a five-year plan with three goals, named […]
With low cash position, retail giant tries to reverse bank compensations while negotiating a standstill 01/19/2023 Company has R$800 million available in cash, sources say — Foto: Marcia Foletto/Agência O Globo Nine days ago, when Americanas presented the accounting inconsistencies to the market, the then CEO Sergio Rial pointed out a comfortable cash position to […]