How Daniel Dantas, one of Brazil’s cleverest financiers, lost the trust of two key backers in vicious battles over control of their investments in the booming telecom industry.
Category: Brazil
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Risk Management Revival
Growth in Brazil and Mexico is breathing new life into Latin America’s insurance industry, battered by years of instability and recession in most of the region?s main markets.
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Banco Itaú Tops Brazil Banking Sector
No bank in Brazil can rival Banco Itaú’s focus on earnings, the transparency of its financial statements or the professionalism of its management team. Itaú’s President Roberto Setúbal, a member […]
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Battle of the Giants
Brazil’s two biggest private banks are old rivals. Bradesco, with $34.24 billion in assets at the end of the second quarter, is much bigger than Itaú, which had assets of […]
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Front Notes
What lessons have the International Monetary Fund and the international financial community learned from last year’s debacle in Ecuador and Brazil’s currency devaluation in January 1999? In 1998, multilateral lenders […]
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Sovereign Report
Brazil Brazil launched Latin America’s largest-ever voluntary bond swap on August 9, with a $5.16 billion, 40-year global bond with an 11% coupon. The issue was also the longest-dated non-investment […]
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A Commanding Lead
The bulge bracket banks of New York and European wannabes have taken control of Brazilian high finance. But local firms cannot be discounted as big-ticket state privatizations wind down.
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Bookseller Deal in Brazil
Espiral.com, the largest retailer of Spanish-language books, has acquired Brazil’s Canalcompras.com to expand its market share. Livrarias Nobel, one of Brazil’s largest bookstore chains, created and later spun off Canalcompras.com. […]