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 […]
Category: Brazil
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 […]
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- […]
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 […]
Brazilian Banking
In the past few years, United States and European money managers have launched operations in Brazil, offering institutional and individual investors a level of expertise previously unknown here. These firms, […]
Domestic Rifts
The Baianos would say simply that they have more mandinga in the northeastern Brazilian state of Bahia than their amigos in the southern state of Rio Grande do Sul. Mandinga […]
Greasing the Beast
Henri Philippe Reichstul emerged in March from nearly a decade in obscurity as a São Paulo investment banker to take on one of the most challenging and visible jobs in […]
A New Home Base
In just three years Electricidade de Portugal (EdP) has built up more clients in Brazil than in its home market. The company’s expansion into Brazil began shortly before its privatization […]
New Man at Brazilian Central Bank
New Man at Brazilian Central BankIlan Goldfajn is the new head of research at the Central Bank of Brazil, replacing Sérgio Werlang, who quit unexpectedly in August. The markets were […]
