Creating an active secondary market for Latin American corporate debt is an old, unfulfilled dream. André Madarás, who heads the proprietary desk and fixed income trading at Brazil’s Banco Itaú, thinks it is possible to change that.
Category: Brazil
Return of the Big Spenders
Signs of recovery in Brazil are luring deep-pocketed
European investors back to the region, ready to splurge
billions on Latin American companies.
The Killer Instinct
Three buccaneers have made a fortune by handing over Brazil’s AmBev to Belgium’s Interbrew, but few other
shareholders profited much from the deal.
New Rules and Proven Programs
Brazil and Mexico have chosen different approaches to deal with looming electricity shortages. The outcome of their plans will have far-reaching consequences.
Still Not Fully Free
The Central Bank of Brazil is the result of a typically Brazilian compromise. It is a quasi-independent department of the Finance Ministry, which means that ultimately it is under political […]
Dominant Players Become More So
Brazil’s 1998 privatization of Telebras, the state-run phone monopoly, may not have led to a blossoming of competition, low rates and burgeoning innovation, but it has helped the companies that […]
Foreigners’ Modest Market Share
As one would expect, some of the world’s biggest financial firms – Citigroup and Bank of America of the US and London-based HSBC – have subsidiaries in Brazil. Citigroup first opened an […]
In Need of a Lifeline
A strong, independent media is an important part of any modern democracy, but there is reason to be concerned about the health of Brazil’s publishing and broadcasting industry. The Marinho […]
