Shares of Banco Bradesco SA (ADR) (NYSE:BBD) ended Wednesday session in green amid volatile trading. The shares closed up +0.32 points or 3.69% at $9.00 with 13.46 million shares getting traded. Post opening the session at $8.83, the shares hit an intraday low of $8.67 and an intraday high of $9.03 and the price vacillated in this range throughout the day. The company has a market cap of $50.94 billion and the numbers of outstanding shares have been calculated to be 2.76 billion shares.
Banco Bradesco SA (ADR) (BBD) provides banking and financial products and services to individuals, companies, and corporations and institutions. The company operates through two segments, Banking; and Insurance, Pension Plans and Capitalization Bond. It accepts various deposit products, such as demand and time deposits, checking and savings accounts, interbank deposits from financial institutions, and accounts for salary purposes. The company also offers loans comprising personal and short-term loans, vehicle financing, overdraft loans, and payroll-deductible loans; housing loans; and government-funded long-term loans, such as BNDES onlending/FINAME.
Shares of Paypal Holdings Inc (NASDAQ:PYPL) ended Wednesday session in green amid volatile trading. The shares closed up +0.60 points or 1.51% at $40.29 with 5.38 million shares getting traded. Post opening the session at $39.86, the shares hit an intraday low of $39.70 and an intraday high of $40.39 and the price vacillated in this range throughout the day. The company has a market cap of $48.24 billion and the numbers of outstanding shares have been calculated to be 1.21 billion shares.
On Sept. 6, 2016 PayPal announced the appointment of Paul Parisi as the new general manager of PayPal Canada. Paul is a results-focused Canadian leader who joins PayPal with a strong record of more than 17 years in the payments industry.
As general manager, Paul will be focused on building on the company’s successful 10-year history in Canada and driving the next phase of growth for the company and its customers. He will play a critical role in bringing innovations to market and further solidifying PayPal as one of the leading online and mobile payment services in Canada.
“The e-commerce, payments and fintech industries are at an exciting juncture in Canada. I look forward to driving even more profitable growth for PayPal in Canada and adding greater value for our 6.4 million active customers in Canada, which includes 250,000 small business customers across the country,” said Paul Parisi, the new general manager of PayPal Canada.
Parisi was previously vice president and general manager of global commercial payments at American Express Canada. During his tenure at American Express, he developed and drove business strategy for corporate payments and small business services and held a number of key leadership positions across sales, account management, e-procurement and travel in Canada, the U.S. and the U.K.
As part of his commitment to social good, Parisi is a strong supporter of the United Way and was the executive lead for the Give2Gether American Express employee giving campaign, raising over $500,000 for charities across Canada.