Roberto Setubal, Banco Itau Roberto Egydio Setubal is the 43-year-old president of Brazil’s Banco Itaú, the second largest private bank in Brazil. He has been at […]
Category: Magazine
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Archive, 1998: The Debt Roulette
Asia’s crisis shocked investors and drove liquidity out of the market and volatility through the roof. Will Latin American debtors be able to refinance or repay their maturing obligations in 1998?
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Archive, 1997: Hungry No More
CEI Citicorp Holdings’ Handley still hooking hard in tough scrums
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Riding out the storm
It seems as if Brazil’s capital markets are fending off attacks on all fronts these days. A recession at home and investor aversion to risky emerging markets are taking their […]
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Rocky Rebound
Yearly inflation rates of 80%, the currency down in value to 2.5 or even lower against the dollar, negative GDP, and noncompliance with International Monetary Fund goals. Such were the […]
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A revived economy is still a long way ahead, despite renewed optimism among Colombians,
There really isn’t much difference between the Colombia of Ernesto Samper’s government and the Colombia of Andres Pastrana’s government-except, of course, for credibility and hope.It seems, at least, that hope […]
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Vaulting the Bluffs
Brazil’s big banks have developed an extraordinary ability to thrive in almost any environment.They have lived through inflation, government debt defaults and over half a dozen new currencies in the […]
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Arminio Fraga Interview
When Arminio Fraga speaks, people listen. Or so say those who have watched him, over the last six months, oversee a complete turnaround in Brazil’s monetary policy. After the six- […]
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Visible Hand
Francisco da Costa e Silva, chairman of Brazil’s capital markets watchdog the Comissão de Valores Mobiliarios (CVM), has established himself as a leading promoter of regulatory changes and a modernizer […]
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Banespa Robbery
In the dawn hours of July 5,thieves stole $19.8 million from the state bank of Sao Paulo’s central downtown agency in Brazil’s largest bank heist to date. The ensuing manhunt […]