Category: Brazil

A $1.33 billion debt exchange retired Brazil’s expensive Brady bonds. But the deal miffed some investors who thought they would be able to cash in their benchmark C-bonds.

Brazil’s telecom operators both big and small have clashed with regulators as the post-privatization landscape continues to evolve.

Brazil has wallowed in an economic malaise for nearly 20 years. Lula’s economic team must deliver a high-voltage
shock to turn things around.

Brazil has tightened control over financial transactions with a series of regulations that apply to a range of activities and market participants.

President Luiz Inácio Lula da Silva has steered Brazil away from the brink of collapse. But jobs remain scarce, poverty is pervasive and investors are few.

Ensuring that Brazilians have an adequate supply of electricity is one of the government’s major challenges. But outside investment remains limited.

Wildly expensive credit persists in Brazil. The country’s banks need to lower their costs to narrow spreads and expand vitally needed lending.

Brazilian banks have performed remarkably well because of their competent management. But the credit market remains vastly undertapped because of the high cost of finance in Brazil.

In July 1998, the Brazilian capital markets were buzzing with activity. The outcome of the largest privatization in Latin American history was about to be made public. Telecomunicações Brasileiras (Telebras), […]

Argentine-born Guillermo Jasson, Morgan Stanley’s head of investment banking for Brazil and the Southern cone, bristles with intensity and energy. He is building Morgan Stanley into a leader in corporate […]