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In 2006, HSBC announced that it had signed an agreement with Banca Nazionale del Lavoro SpA to acquire the latter's banking operations in Argentina, Banca Nazionale del Lavoro S.A. (BNL), for US$155 million. BNL had started operating in Argentina in 1960 and had 91 branches in 18 provinces, 700,000 active personal customers and 26,700 ...
Grupo Folha is the second largest Brazilian media conglomerate, after Grupo Globo. It was founded by Octávio Frias (1912–2007) and led by his son Luiz Frias since 1992. [1] The group publishes Folha de S.Paulo, the largest circulation paper in the country, which since 1986 keeps the leadership among quality general-interest newspapers in ...
HSBC ceased banking operations in Nicaragua in 2009, [170] Georgia in 2011, [171] Slovakia in 2012, [172] and Palestine in 2015. [173] HSBC disposed of its 70.1% stake in the Dar Es Salaam Investment Bank, a bank based in Iraq, in 2013. [174] HSBC Bank (Turkey) transferred its operations in the Turkish Republic of Northern Cyprus to ALBANK in ...
Long a significant supplier of domestic lending in a credit-tight economy, the bank attempted—with only partial success—to revive the local credit market during the tenure of Gabriela Ciganotto, who stated the main goal of the bank in her inauguration speech in 2006 as "putting [the bank] at the service of production, especially small and medium businesses, and not of speculation."
Folha da Manhã controls the following companies, either directly or partially, through joint-ventures with other companies: UOL – The leading Internet portal in Brazil; Folha owns 74% of the company, with managerial control; 25% of shares belong to a group of shareholders led by entrepreneur João Alves de Queiroz Filho, principal at holding company Hypermarcas.
Datafolha is Grupo Folha's polling institute, founded in 1983 [1] as the research department of Empresa Folha da Manhã S. A., and later on became a separate company [1] able to serve external clients, from 1990. In 1995, it became a separate business unit within Grupo Folha, a group of companies to which newspaper Folha de S.Paulo belongs.
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On March 28, 2003, HSBC acquired Household International, which was merged in 2005 with a subsidiary company that became the HSBC Finance Corp. Household International CEO William Aldinger became the highest-paid director in the United Kingdom before announcing his departure in February 2005. On March 2, 2009, HSBC chairman Stephen Green said ...
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