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Banco Banespa
Banco Banespa ''(Banco do Estado de São Paulo)'' was a Brazilian regional bank, founded in 1909 by the state government of São Paulo. The bank was privatized in November 2000 by the government of former president Fernando Henrique Cardoso and sold to Spanish bank Santander Santander may refer to: Places * Santander, Spain, a port city and capital of the autonomous community of Cantabria, Spain * Santander Department, a department of Colombia * Santander State, former state of Colombia * Santander de Quilichao, a m .... References Banks established in 1909 Banks disestablished in 2001 Defunct banks of Brazil {{Brazil-econ-stub ...
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São Paulo (state)
São Paulo () is one of the Federative units of Brazil, 26 states of the Brazil, Federative Republic of Brazil and is named after Paul of Tarsus, Saint Paul of Tarsus. A major industrial complex, the state has 21.9% of the Brazilian population and is responsible for 33.9% of Brazil's GDP. São Paulo also has the List of Brazilian federative units by Human Development Index, second-highest Human Development Index (HDI) and GDP per capita, the List of Brazilian states by infant mortality, fourth-lowest infant mortality rate, the List of Brazilian states by life expectancy, third-highest life expectancy, and the List of Brazilian states by literacy rate, third-lowest rate of illiteracy among the federative units of Brazil. São Paulo alone is wealthier than Argentina, Uruguay, Paraguay, and Bolivia combined. São Paulo is also the world's twenty-eighth-most populous Administrative division, sub-national entity and the most populous sub-national entity in the Americas. With more than 4 ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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São Paulo
São Paulo (, ; Portuguese for 'Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the GaWC as an alpha global city, São Paulo is the most populous city proper in the Americas, the Western Hemisphere and the Southern Hemisphere, as well as the world's 4th largest city proper by population. Additionally, São Paulo is the largest Portuguese-speaking city in the world. It exerts strong international influences in commerce, finance, arts and entertainment. The city's name honors the Apostle, Saint Paul of Tarsus. The city's metropolitan area, the Greater São Paulo, ranks as the most populous in Brazil and the 12th most populous on Earth. The process of conurbation between the metropolitan areas around the Greater São Paulo (Campinas, Santos, Jundiaí, Sorocaba and São José dos Campos) created the São Paulo Macrometr ...
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Santander Brasil
Banco Santander (Brasil) S.A. is the Brazilian subsidiary of the Spanish Santander Group, headquartered in São Paulo, Brazil. It is the fifth largest banking institution in Brazil, as well as the fifth largest in Latin America, and the largest division of the group outside Europe, accounting for around 30% of its financial results globally by 2019. The bank is listed at the B3 in São Paulo, and at NYSE though ADRs. Founded in 1982, Banco Santander grew up in Brazil through several significant acquisitions from 1997 to 2007, which made it the fifth largest bank in the country, behind Itaú Unibanco, Banco do Brasil, Banco Bradesco and Caixa Econômica Federal. With more than 9 million customers, it operates in all segments of financial markets, with a network of 3696 branches and service centers and 18,312 ATMs. History In 1997, Santander purchased Banco Geral do Comério S.A., initiating the wave of acquisitions through which it earned a position among the largest financi ...
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Altino Arantes Building
The Altino Arantes Building ( pt, Edifício Altino Arantes), also known as the Banespa Building (in Portuguese: ''Edifício do Banespa''), and most popularly by Banespão (big Banespa) is an important Art deco skyscraper located in São Paulo, Brazil. History The building was the headquarters of the Bank of the State of São Paulo ( Banespa), and was constructed between 1939 and 1947. It remained the tallest building of the city for two decades until being surpassed by the Edifício Itália. Soon after its completion in the 1940s, it was named the world's largest structure of reinforced concrete. It was designed by Plínio Botelho do Amaral, who was inspired by the Empire State Building and Frank Lloyd Wright. Its panoramic view of the center of São Paulo and its outskirts attract thousands of visitors. In the future, the Altino Arantes building will become the headquarters of the Banespa Cultural Institute, facilitating artistic and cultural activities. After its foundation in ...
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Sé (district Of São Paulo)
Sé is the name of the most central borough in the city of São Paulo, in Brazil, divided in eight districts. The name comes from the presence of São Paulo Cathedral (''Catedral da Sé'') in the borough, and it is also the name of the central square (Praça da Sé). Also located in the Sé are the Pátio do Colégio, site of the foundation of the city in 1554, the São Paulo stock exchange (the Bovespa), the mayor's palace and other historical buildings, including the Municipal Theater of São Paulo, the São Paulo Music Hall (Sala São Paulo) and the central railway Luz Station ( Estação da Luz). Immigrant groups established in the Sé borough include Italians (in Bela Vista), Japanese (in Liberdade), and Jews (in Bom Retiro). Sé is also the borough with the largest number of subway stations. There are many areas of popular commerce, like the 25 de Março Street (one of the most popular area of commerce in Brazil, though often illegal), and high-class areas such as Pacaemb ...
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Bank
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ...
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Brazilian Real
The Brazilian real (plural, pl. '; currency symbol, sign: R$; ISO 4217, code: BRL) is the official currency of Brazil. It is subdivided into 100 centavos. The Central Bank of Brazil is the central bank and the issuing authority. The real replaced the Brazilian cruzeiro real, cruzeiro real in 1994. As of April 2019, the real was the twentieth most traded currency. History Currencies in use before the current real include: * The ''Portuguese real'' from the 16th to 18th centuries, with 1,000 ''réis'' called the ''milréis''. * The ''Brazilian real (old), old Brazilian real'' from 1747 to 1942, with 1,000 ''réis'' also called the ''milréis''. * The ''Brazilian cruzeiro (1942–1967), first cruzeiro'' from 1942 to 1967, at 1 cruzeiro = 1 ''milréis'' or 1,000 ''réis''. * The ''Brazilian cruzeiro novo, cruzeiro novo'' from 1967 to 1970, at 1 cruzeiro novo = 1,000 first cruzeiros. From 1970 it was simply called the ''Brazilian cruzeiro (1967-1986), (second) cruzeiro'' and was u ...
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Federal Government Of Brazil
The Federal Government of Brazil (''Governo Federal'') is the national government of the Federative Republic of Brazil, a republic in South America divided in 26 states and a federal district. The Brazilian federal government is divided in three branches: the executive, which is headed by the President and the cabinet; the legislative, whose powers are vested by the Constitution in the National Congress; and the judiciary, whose powers are vested in the Supreme Federal Court and lower federal courts. The seat of the federal government is located in Brasília. Division of powers Brazil is a federal presidential constitutional republic, which is based on a representative democracy. The federal government has three independent branches: executive, legislative, and judicial. The Federal Constitution is the supreme law of Brazil. It is the foundation and source of the legal authority underlying the existence of Brazil and the federal government. It provides the framework for th ...
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Santander Group
Banco Santander, S.A., doing business as Santander Group (, , Spanish: ), is a Spanish multinational financial services company based in Madrid and Santander in Spain. Additionally, Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world. Although known for its European banking operations, it has extended operations across North and South America, and more recently in continental Asia. It is considered a systemically important bank by Financial Stability Board. Many subsidiaries, such as Abbey National, have been rebranded under the Santander name. The company is a component of the Euro Stoxx 50 stock market index. In May 2016, Santander was ranked as 37th in the Forbes Global 2000 list of the world's biggest public companies. Santander is Spain's largest bank. Banco Santander is chaired by Ana Patricia Botín-Sanz de Sautuola O'Shea, daughter and granddaughter of former chairmen Emilio Botin-Sanz de Sautuola y ...
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Fernando Henrique Cardoso
Fernando Henrique Cardoso (; born 18 June 1931), also known by his initials FHC (), is a Brazilian sociologist, professor and politician who served as the 34th president of Brazil from 1 January 1995 to 31 December 2002. He was the first Brazilian president to be reelected for a subsequent term. An accomplished scholar of dependency theory noted for his research on slavery and political theory, Cardoso has earned many honors including the Prince of Asturias Award for International Cooperation (2000) and the Kluge Prize from the US Library of Congress (2012). Cardoso was the 10th president of International Sociological Association (1982–1986). Personal and professional life Cardoso descends from wealthy Portuguese immigrants. Some were politicians during the Empire of Brazil. He is also of black African descent, through a black great-great-grandmother and a mulatto great-grandmother. Cardoso described himself as "slightly mulatto" and allegedly said he has "''a foot in the k ...
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