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Banco Do Brasil
Banco do Brasil S.A. (, ) is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on Wednesday, 12 October 1808. It is the second largest banking institution in Brazil, as well as the second largest in Latin America. Banco do Brasil is controlled by the Brazilian government and is listed at the B3 stock exchange in São Paulo. It has been one of the four most profitable Brazilian banks since 2000 (along with Itaú Unibanco, Banco Bradesco and Banco Santander) and holds a strong leadership position in retail banking. History Banco do Brasil was founded in 1808 by then prince regent John (later King John VI of Portugal) to finance the kingdom's public debt when he moved from Europe to Brazil. "As a mixed institution under state control, the Banco do Brasil served as a commercial bank, the government's fiscal agent, ...
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Brasília
Brasília ( ; ) is the capital city, capital of Brazil and Federal District (Brazil), Federal District. Located in the Brazilian highlands in the country's Central-West Region, Brazil, Central-West region, it was founded by President Juscelino Kubitschek on 21 April 1960, to replace Rio de Janeiro as the national capital. Brasília is Brazil's List of cities in Brazil by population, third-most populous city after São Paulo and Rio de Janeiro, with a population of 2.8 million. Among major Latin American cities, it has the highest GDP per capita. Brasília is a Planned community, planned city developed by Lúcio Costa, Oscar Niemeyer and Joaquim Cardozo in 1956 in a scheme to move the capital from Rio de Janeiro to a more central location. The landscape architect was Roberto Burle Marx. The city's design divides it into numbered blocks as well as sectors for specified activities, such as the Hotel Sector, the Banking Sector, and the Embassy Sector. Brasília was inscribed as a UN ...
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Mortgage Loans
A mortgage loan or simply mortgage (), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged. The loan is " secured" on the borrower's property through a process known as mortgage origination. This means that a legal mechanism is put into place which allows the lender to take possession and sell the secured property ("foreclosure" or "repossession") to pay off the loan in the event the borrower defaults on the loan or otherwise fails to abide by its terms. The word ''mortgage'' is derived from a Law French term used in Britain in the Middle Ages meaning "death pledge" and refers to the pledge ending (dying) when either the obligation is fulfilled or the property is taken through foreclosure. A mortgage can also be described as "a borrower giving consideration in the form of ...
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BB Tecnologia E Serviços
BB, Bb, or similar, may refer to: Arts and entertainment * BB numbers, in the catalogue of works by Béla Bartók * "BB", a chant supporting Big Brother in ''Nineteen Eighty-Four'' * ''BB'', a 2017 album by Mod Sun * BB, a character in '' Beast Wars II: Super Life-Form Transformers'' * Beyond Birthday, a character from the novel '' Death Note Another Note: The Los Angeles BB Murder Cases'' * ''Big Brother'' (franchise), a TV reality competition * BB, production code for 1966 ''Doctor Who'' serial '' The War Machines'' Businesses and organizations * BB Bloggingsbooks, an imprint of OmniScriptum * BB Microlight, a Hungarian aircraft manufacturer * Banco do Brasil, a Brazilian financial services company * Bavarian Peasants' League (''Bayerischer Bauernbund''), a former German political party * BlackBerry Limited (stock ticker BB), Canadian technology company * Borderland Beat, a news blog covering the Mexican drug war * Boys' Brigade, a Christian youth organization ...
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Banco Patagonia
Banco Patagonia is an Argentine commercial bank headquartered in Buenos Aires, and has 200 service points located in the main cities and capitals of the provinces of Argentina. The company operates in the individual, as well as small and medium-sized business banking segments, and has currently more than 775,000 clients. Banco Patagonia provides various financial services, including personal banking, corporate banking, investments, insurance, and international banking. Banco Patagonia was established as a brokerage house in 1976. The first group of shareholders included the brothers Jorge and Ricardo Stuart Milne and Emilio González Moreno. Following its entry into the auto loan sector in 1987, it became a commercial bank (Banco Mildesa) in 1988. Mildes grew with the 1996 acquisition of the newly privatized Banco de Río Negro, and was renamed after the latter province's region of Patagonia, in 2000. Patagonia acquired the insolvent Banco Sudameris (whose portfolio included ...
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Banco Votorantim
Banco BV is the seventh largest bank in Brazil. It operates in the wholesale, retail, treasury, asset management and brokerage fields, and was founded in 1988. Its headquarters are located in São Paulo, Brazil. The operations of Banco BV is driven by a set of institutions that operate in an integrated way: the Bank provides businesses products and services for the commercial sector and investment, the ''BV Financeira'' operates in the financing and consumer credit; ''Votorantim Asset Management'' (VAM) manages the resources of others, and Vototrantim CVTM makes securities and brokerage. The bank its owned by Votorantim Group and the Banco do Brasil Banco do Brasil S.A. (, ) is a Brazilian financial services company headquartered in Brasília, Brazil. The oldest bank in Brazil, and among the oldest banks in continuous operation in the world, it was founded by John VI, King of Portugal, on ..., the operation was completed on 28 September 2009. Banco do Brasil then hold 4 ...
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John VI Of Portugal
'' Dom'' John VI (; 13 May 1767 – 10 March 1826), known as "the Clement" (), was King of the United Kingdom of Portugal, Brazil and the Algarves from 1816 to 1825, and after the recognition of Brazil's independence, titular Emperor of Brazil and King of Portugal until his death in 1826. John VI was born in Lisbon during the reign of his maternal grandfather, King Dom Joseph I of Portugal. He was the second son of the Princess of Brazil and Infante Peter of Portugal, who later became Queen Dona Maria I and King Dom Peter III. In 1785, John married Carlota Joaquina of Spain, with whom he had nine children. He became heir to the throne when his older brother, Prince José, died of smallpox in 1788. Before his accession to the throne, John bore the titles Duke of Braganza, Duke of Beja, and Prince of Brazil. From 1799, he served as prince regent due to his mother's mental illness. In 1816, he succeeded his mother as monarch of the Portuguese Empire, with no real ...
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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 into States of Brazil, 26 states and a federal district. The Brazilian federal government is divided into three branches: the executive, which is headed by the President of Brazil, President and the Cabinet of Brazil, cabinet; the legislative, whose powers are vested by the Constitution of Brazil, Constitution in the National Congress of Brazil, National Congress; and the judiciary, whose powers are vested in nine organs, including the Supreme Federal Court and lower federal courts. The seat of the federal government is located in Brasília. Division of powers Brazil is a Federalism, federal Presidential system, presidential constitutional republic, which is based on a representative democracy. The federal government has three independent Separation of powers, branches: executive, legislative, and judicial. The Constitution of ...
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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. 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 used until 1986. * ...
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Index Fund
An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that it can replicate the performance of a specified basket of underlying investments. The main advantage of index funds for investors is they do not require much time to managethe investors will not need to spend time analyzing various stocks or stock portfolios. Most investors also find it difficult to beat the performance of the S&P 500 index; indeed passively managed funds, such as index funds, consistently outperform actively managed funds. Thus investors, academicians, and authors such as Warren Buffett, John C. Bogle, Jack Brennan, Paul Samuelson, Burton Malkiel, David Swensen, Benjamin Graham, Gene Fama, William J. Bernstein, and Andrew Tobias have long been strong proponents of index funds. * * * * * * * Siegel, J.J. (2019). Climbing Mount Everest: Paul Samuelson on Financial Theory and Practice. In: Cord, R., Anderson, R., Ba ...
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Exchange-traded Fund
An exchange-traded fund (ETF) is a type of investment fund that is also an exchange-traded product, i.e., it is traded on stock exchanges. ETFs own financial assets such as stocks, bonds, currencies, debts, futures contracts, and/or commodities such as gold bars. Many ETFs provide some level of diversification compared to owning an individual stock. An ETF divides ownership of itself into shares that are held by shareholders. Depending on the country, the legal structure of an ETF can be a corporation, trust, open-end management investment company, or unit investment trust. Shareholders indirectly own the assets of the fund and are entitled to a share of the profits, such as interest or dividends, and would be entitled to any residual value if the fund undergoes liquidation. They also receive annual reports. An ETF generally operates with an arbitrage mechanism designed to keep it trading close to its net asset value, although deviations can occur. The larges ...
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Mutual Funds
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively managed funds. Open-end funds are ...
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Asset Management
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets). Asset management is a systematic process of developing, operating, maintaining, upgrading, and disposing of assets in the most cost-effective manner (including all costs, risks, and performance attributes). Theory of asset management primarily deals with the periodic matter of improving, maintaining or in other circumstances assuring the economic and capital value of an asset over time. The term is commonly used in engineering, the business world, and public infrastructure sectors to ensure a coordinated approach to the optimization of costs, risks, service/performance, and sustainability. The term has traditionally ...
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