Brazil's Bradesco confirms purchase of HSBC's Brazilian business

SAO PAULO (Reuters) - Banco Bradesco SA <BBDC4.SA>, Brazil's No. 2 private-sector bank, agreed to purchase HSBC Holdings Plc's <HSBA.L> business in the country, according to a securities filing early on Monday.

Bradesco was advised on the deal by its own investment banking unit Bradesco BBI, JPMorgan Chase & Co <JPM.N> and N M Rothschild & Sons Ltd.

(Reporting by Guillermo Parra-Bernal; Editing by Muralikumar Anantharaman)