Opening and Closing Bell on Wall Street
Banco Bradesco (NYSE-Listed BBD), a leading bank in Brazil and largest insurance company in Latin America, visited the NYSE to commemorate 10 years of trading on the NYSE. The company hosted Bradesco Day 2011 which featured an investor luncheon with presentations and updates on Banco Bradesco's recent developments. In honor of the occasion, Chairman of the Board Lazaro de Mello Brandão rang The Opening BellSM.
About Banco Bradesco (NYSE: BBD):
Bradesco is one of the largest private banks in Brazil and the largest insurance company in Latin America, with assets totaling R$ 722.289 billion in September 2011. The Bank reached a market capitalization of R$ 96.682 (1) billion, with an annualized return on average equity (2) of 22.4% in 9M11. Founded 67 years ago and a publicly-held company since 1946, listed on the São Paulo, New York and Madrid stock exchanges, Bradesco is recognized around the world for its financial solidity and excellent customer service. It is constantly engaged in the pursuit of value for all its stakeholders, continuously investing in technological and administrative advances and searching for new business opportunities, always backed by the highest standards of ethical conduct and respect for people and the environment.
(1) Number of shares (less treasury shares) multiplied by the closing price of the common and preferred shares on the period's last trading day;
(2) Excluding effects of asset valuation adjustments recorded under Shareholders' Equity.