Bradesco stock in focus: Brazil central bank shuts Banco Pleno as Carnival delay hits trading
Brazil’s central bank ordered Banco Pleno into extrajudicial liquidation, citing a worsening financial situation. Bradesco’s U.S.-listed preferred ADRs fell 0.25% to $3.93 in premarket trading. Sao Paulo’s B3 exchange will open cash equities at 1:00 p.m. local time after the Carnival holiday.