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

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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

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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

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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

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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

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Newsweek: Americans should learn Portuguese

International press has been paying more attention to Brazil. Newsweek’s latest edition has an article about how Brazilian companies are becoming more international. Banco do Brasil, Marfrig, JBS-Friboi and Petrobras are among Brazilian companies expanding abroad. Bottom line: Americans should … Continue reading

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Flexible economic institutions

Has Brazil created flexible and creative structures to deal with volatile economic cycles? Survival of the quickest Nov 12th 2009 From The Economist print edition Frequent crises have made for strong banks and nimble financiers BRAZILIAN businessmen often say that … Continue reading

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