Digital banks reportedly led Brazilian banks’ profitability improvements during the first half of the year. The country’s digital banks saw their annual return on equity (ROE)...
J.P. Morgan Chase & Co. has boosted its stake in Brazilian digital bank C6 Bank from 40% to 46%. The financial terms of the deal were not disclosed,...
In today’s top news, J.P. Morgan has acquired a 40 percent stake in C6 Bank, a Brazilian digital bank, and the European Banking Authority outlined...