Bradesco Shares Soar Past Rivals as CEO’s Turnaround Takes Hold

Two years after taking over at Banco Bradesco SA, Marcelo Noronha is leading a turnaround that’s sent the bank’s shares up 64% this year, outperforming every other major Brazilian retail...

By Cristiane Lucchesi, Vinicius Andrade, Matheus Piovesana · Bloomberg Markets

Two years after taking over at Banco Bradesco SA, Marcelo Noronha is leading a turnaround that’s sent the bank’s shares up 64% this year, outperforming every other major Brazilian retail bank.