"We are just starting to reap the gains of our long-term investments," Sergio Clemente, an executive director at Bradesco, said in an interview.
The company hired 30 people in the past two years for investment banking, Clemente
said, and rose to No. 2 in equity underwriting in Brazil
in the first half of 2012 from third for all of last year.
Clemente, who was responsible for Bradesco's corporate, mid-size companies and international areas, added the broker- dealer, investment banking, asset management and private-banking to his list of responsibilities in January.
"We were already in on companies' day-to-day decisions and now we have an investment-banking platform that allows us to participate more and more on the strategic ones," Clemente
said in an interview.
has more than 18,000 corporate clients with about 220 billion reais in outstanding loans, according to Clemente