Category: Brazil

Petrobras aims to raise more money in all the major currencies.

Brazil’s equity market looks like it is in terminal decline. Trading volume of $25.8 billion last year is one-fifth of the volume in 1997. Delistings have outpaced IPOs for years. […]

The giants of Wall Street – Citigroup and JP Morgan – are neck-and-neck in terms of their transactions in Brazil. Last year, JP Morgan was ahead by a whisker. Both […]

Eleazar de Carvalho, who took over at the Brazilian development bank earlier this year, will continue launching new market-based operations.

Brazil’s export markets are reasonably diversified. The EU is still its largest single market, taking just over a quarter of the country’s $58 billion of exports, closely followed by the […]

Mercosur has provided a powerful stimulus to regional trade. But it produces sweeping distortions in international commerce and Brazil must lead the necessary changes.

Brazil’s biggest institutional investors are state-owned entities with a growing reputation for their transparency and shrewd investment decisions. The pension funds of government enterprises like Petrobras, Banco do Brasil and […]

Treasury bonds dominate Brazil’s fixed income market and overshadow the relatively scarce issues by corporations. The government and corporate issuers are trying to address the problem.

The outlook for Brazil has not been this good for five years. But it remains to be seen whether Brazil can meet its own high expectations.

        Brazilians are optimists by nature. Even in the face of overwhelming evidence to the contrary, business leaders are invariably upbeat about the long-term prospects for their […]