1.   By relocating its workers, the bank will cut its costs significantly, Herz said, though he would not say how much money it expected to save.

2.   The bank will maintains its trademark caution at a time when interest rates are near the lowest levels in history, they say.

3.   The bank will chose a company to evaluate the worth of Furnas Centrais Eletricas SA and Centrais Eletricas do Sul do Brasil SA, or Eletrosul.

4.   By relocating its workers, the bank will cut its costs significantly, Herz said.