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BB Looks to Spin off Insurance Arm

Nov 27, 2012

Banco do Brasil is planning to put its insurance operations into a new company that may IPO next year, it says. The state-controlled bank is seeking to...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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