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Tag Archives: Banco do Brasil
Brazilian biggest companies in the Forbes list
Forbes list of the world’s biggest companies uses an equal weighting of sales, profits, assets and market value to rank companies according to size. 33 Brazilian companies are in the ranking. Energy makes number one among them with Petrobras (oil, gas … Continue reading
The “Petrobras hidden tax ”
“I believe in a certain period of the history of Brazil there will be direct elections for Petrobras’ president, and this person will nominate the president of the republic.” This speech was how Lula expressed his hopes about Petrobras right after the discovery … Continue reading
Posted in Business, Investment, Politics
Tagged Banco do Brasil, BNDES, CEF, Lula, Petrobras
3 Comments
Banco do Brasil expands in the US and Africa
Bank of Brazil announced this week the purchase of a bank in Miami, USA and signing a joint venture with Portuguese bank Espirito Santo and Brazilian rival Bradesco. The acquisitions are part of the internationalization strategy of Brazil biggest public bank, , which includes Latin … Continue reading
Posted in Brazil, Business
Tagged Africa, Banco do Brasil, Banco Espirito Santo, Bradesco, USA
1 Comment
The “Award culture” is getting into the tropics
Behind the good performance of the Brazilian economy there are companies and institutions .. and people! On my last trip to São Paulo, I attended the Abrasca Value Awards, in Portuguese Premio Abrasca de Criação de Valor. Companies awarded for value return, sustainability … Continue reading
Posted in Brazil, Business
Tagged Abrasca, Banco do Brasil, Braskem, CCR, Drogasil, Energisa, Gerdau, Hering, Lord of the Rings, Randon, Senhor dos Anéis, Totvs, Vale, Vivo, West End
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Itau Surpasses Goldman Sachs in Brazilian Bond Underwriting
July 13 (Bloomberg) — Itau Unibanco Holding SA overtook Citigroup Inc. and Goldman Sachs Group Inc. in Brazilian bond underwriting, leading a push by local banks to grab market share from international banks hurt by the global financial crisis. Itau, … Continue reading
Posted in Business
Tagged Banco Central, Banco do Brasil, Bank of America, banks, Bloomberg, Bradesco, Brazil, Brazilian banks, BRF Brasil Foods, CEMBI, Central Bank, Citibank, CMA, Credit Suisse, finance, Goldman Sachs, HSBC, Itau Unibanco, JPMorgan, Latin America, London, Marfrig, Moody's, UBS, Underwriting, US, Votorantim
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