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R$ 2.1 billion default: The devastating bankruptcy of Santander's No. 1 rival after almost 50 years
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The group was among the leading in the country, but after a billion-dollar debt was exposed, it began to lose concessions and was unable to handle the accounts. Considered one of the most traditional in the country, Santander had an increase in earnings this year compared to the same period in 2023, according to the Central Bank. Today, the company employs around 55,210 people. Along with them, the BC listed Bradesco, Itaú, Nubank, and Banco do …
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