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”
Tag Archives: Asia
Brazilian companies attend the Hannover Industrial Fair
Brazil will be represented at the world’s largest display of technology for industries, the Hannover Industrial Fair in Germany. Brazilian companies wish to strengthen its brands internationally, but also to make contacts with representatives of the European market, and originate opportunities in other continents such as Asia, Africa and Oceania. “Brazil have traditionally participated in theContinue reading “Brazilian companies attend the Hannover Industrial Fair”
Emerging Markets Banks #2. Riding the rise of a credit culture?
Emerging markets banks have doubled since 2005. They are relevant in the industry profit and revenue wise. The rise of a credit culture might explain this trend. Nevertheless, these banks are still not quite known by the rich-world investors. Is this an opportunity for further growth? The bigger and bigger picture May 13th 2010 FromContinue reading “Emerging Markets Banks #2. Riding the rise of a credit culture?”
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