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Itau BBA leads M&A deals in Brazil. Rothschilds pushed back to 2nd place

Brazilian investment bank Itau BBA pushes Rothschild from the No. 1 spot among advisers on Brazilian mergers and acquisitions. Itau BBA supplanted other heavy international competition such as Citigroup and Credit Suisse. Itau BBA accounted for 27 deals totaling $35.4 billion, according to data compiled by Bloomberg through today. Banco BTG Pactual is the other Brazilian bank who boostingContinue reading “Itau BBA leads M&A deals in Brazil. Rothschilds pushed back to 2nd place”

Latest stats on Brazilian millionaires

The Latin America Private Banking conference brought attention to the wealthier individuals in the region and Brazil is the beetle. Forbes highlighted that Brazil makes “19-millionaires-a-day” and the country is seen as a huge opportunity for private banks, although 70% of the country’s wealth is concentrated in Sao Paulo and Rio de Janeiro. Statistic was measured by taking all ofContinue reading “Latest stats on Brazilian millionaires”

Insights from a success story of internationalization of a Brazilian consulting firm: MZ consult

While Brazilian agriculture, planes and commodities thrive in international trade balance, the services account is losing ground as it represents only 13% of exports. Why is that? I got some interesting insights from MZ Consult case, a Brazilian company doing well abroad. MZ Consult is today a multinational company; the world’s largest independent global investor relations consulting firm.Continue reading “Insights from a success story of internationalization of a Brazilian consulting firm: MZ consult”

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, and a swell in lending by state banks.” S&P’s decision follows similar moves by FitchContinue reading “Standard and Poor’s upgrads Brazil”

Brazilian’s luxury power

It is probably true that China is the luxury industry’s new El Dorado. But Brazilian millionaires and middle class are busting a market expected to grow 33% in sales in 2011. Traditional fashion icons such as Hermes and Rolls-Royce are setting foot in the tropics. So is Coach, the American shoe, handbag and accessories maker.Continue reading “Brazilian’s luxury power”