5/10. Mo. IPO

As the largest initial public offering on a U.S. exchange in 18 months, the share sale of Banco Santander (Brazil) will likely attract plenty of demand even as some investors balk at the price of the stock.
* Santander’s Brazilian unit is expected to launch a $8.78 billion IPO, the largest U.S.-listed offering in 18 months.
* Pepsi Bottling Group, the largest bottler of PepsiCo drinks, will report third-quarter earnings. Investors will no doubt be looking for details regarding the upcoming acquisition of the bottler by PepsiCo.
* Analysts expect Taco Bell, Pizza Hut and KFC parent Yum Brands to report weak third-quarter same-store sales in the United States and China, its largest markets.
* At the Reuters Global Wealth Management Summit expect interviews with JP Morgan Chase U.S. Private Bank CEO Catherine Keating, SG Private Banking Asia CEO for Singapore and South Asia Pierre Baer and HSBC Managing Director and Head of Personal Financial Services Godfrey Swain.


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