Brazil Summit in NYC

Last Monday (April 18th), the New York Harvard Club organized a Brazil Summit in a hotel in Midtown NYC. I was representing ESCP Europe at the United Nations so I couldn’t join it. However, a Forbes journalist made a descriptive article about Mantega’s speech. Guido Mantega is Brazil’s sharp-tongued Finance minister and author of the phrase “currency war”: “TheContinue reading “Brazil Summit in NYC”

Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank

In the past days, Brazilian banks mergers hit the news. First, it was Banco do Brasil, acting according to its internationalization strategy, just acquired another bank in Argentina. Now, BTG Pactual, an independent investment bank in Brazil, signed a memorandum of understanding with Sumitomo Mitsui Banking Corporation (SMBC) to work together in Brazilian-related business activities and Itau-UnibancoContinue reading “Brazilian banks mergers: BTG Pactual partners with SMBC and Itau buys stake in Carrefour Bank”