Brazilian meatpacker falls to B3 from B2 as a result of the ongoing corruption investigation
Tag: corruption
Posted inMagazine
Latin America tests anti-corruption measures
In the wake of the Odebrecht bribery scandal, governments across the region are overhauling the way they award and oversee new projects
Posted inMagazine
LatAm infra markets struggle to shake off corruption
Project finance in Latin America is having another tough year as the effects of the Odebrecht bribery scandal rattle the region. Now political uncertainty in major economies may limit deal flow even further
Posted inDaily Brief
JBS sticks to plea bargain
Meatpacker says adhering to the leniency agreement between J&F and Brazilian prosecutors protects the company from financial impact
Posted inWeb Articles
Corruption allegations threaten Brazil’s equity bounce
While Brazil’s equity market gathers steam, another political setback threatens to plug up the deal pipeline
Posted inDaily Brief
Court clears Bradesco CEO
Shares in the Brazilian lender rise 4% after a federal court drops tax evasion charges against Luiz Carlos Trabuco
Posted inDaily Brief
Moody’s downgrades JBS
Rating agency says the risks of future litigation could impact liquidity and market access for the Brazilian meatpacker
Posted inDaily Brief
Moody’s downgrades Banco Original
Rating agency cuts Brazilian bank on the risk of contagion from corruption investigations at sister company JBS
Posted inDaily Brief
J&F reaches settlement
Brazilian holding company agrees to pay more than $3bn in fines over 25 years to clear corruption allegations
Posted inDaily Brief
Political turmoil ups the pressure on Brazil’s banks
Latest bribery scandal could hamper an economic recovery and underscores challenging environment for local lenders, Fitch says