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Tag Archives: Moody’s
Standard and Poor’s upgrads Brazil
Standard and Poor’s upgraded Brazil’s rating as an acknowledgment of the commitment to “meeting fiscal targets”. Brazil’s long-term ratings are now:BBB (sovereign) and A- (local currency).According to ITAU UNIBANCO, “moving further up would require “vigorous” reforms.” S&P remarked remaining risks: “poor inflation control, fiscal largesse, … Continue reading
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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