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Banco Banespa

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 1998

    Civil action over retiree bonuses and profit-sharing

    A public civil action was filed concerning whether retired Banespa employees were entitled to bonuses and profit-sharing on terms equal to those received by active employees. The dispute continued after the bank’s privatization and was later addressed through a settlement involving Santander and the retirees’ association.

    Source