Banco do Brasil Snapshot
BB means big bucks or Banco do Brasil. The South American bank has more than 18,000 locations in Brazil and offices in more than 20 other countries. In addition to providing traditional retail banking services, Banco do Brasil and its subsidiaries sell insurance, underwrite and sell bonds, conduct asset trading, offer investors portfolio management services, conduct financial securities advising, and provide markets analysis and research. The bank also provides capital equipment leasing to Brazilian companies through its BB Leasing subsidiary. BB Securities is the bank's UK-based international securities brokerage house. More than 200 years old, Banco do Brasil is controlled by the Brazilian government.
