Ex-Banker Fixing Americanas' $5 Billion Fraud Aims For ‘Equally Distributed' Pain [Yahoo! Finance]
Bank of America Corporation (BAC)
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Source: Yahoo! Finance
(Bloomberg) -- In a conference room of the run-down headquarters of Brazilian retailer Americanas SA, Camille Loyo Faria agrees that the office has seen better days. Most Read from Bloomberg Biden's Gains Against Trump Vanish on Deep Economic Pessimism, Poll Shows Malaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest City Zuckerberg Asks for Patience as Meta's AI Push Spooks Investors Taylor Swift Is Proof That How We Critique Music Is Broken BHP Makes Takeover Approach For Rival Miner Anglo American It's “ugly, as a company in judicial recovery should be,” the chief financial officer says. The 50-year-old started at the Rio de Janeiro-based company on Feb. 1, 2023, in the wake of its bankruptcy protection measure and accounting fraud that eventually reached 25 billion reais ($4.8 billion) — one of the biggest-ever in Brazil. It's just the latest company that Faria has helped pull out of distress. “It's like scorched earth,” she said of restructurin
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BAC
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- 4/16/24 - Beat
BAC
Sec Filings
- 5/3/24 - Form 424B2
- 5/3/24 - Form 4
- 5/3/24 - Form 4
- BAC's page on the SEC website