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Bradesco to rebrand HSBC Brasil branch, ATM network in days

Banco BradescoSA said that it will complete its absorption of 'sclients and network starting Oct. 8.

The company said that over the weekend of Oct. 8 and 9, itwill rebrand 851 HSBC bank branches under the Bradesco name, along with some3,816 HSBC ATMs and 4,250 corporate points of service. It will also formallyintegrate the bank's 5 million clients.

The move comes months after Bradesco completed itsacquisition ofHSBC Brasil from HSBC HoldingsPlc.

Despite the move, Bradesco said that HSBC Brasil clientswill still have the same conditions on their accounts. Under set by , Bradesco mustmaintain the HSBC fee service structure for the bank's clients for one year,after which it can gradually adjust the structure to match its own.