Two recent news about Carrefour’s operations in Brazil. A possible merger with Grupo Pão de Açucar and the deal with Itau Unibanco, which bought 49% of the French retailer’s bank. According to Dow Jones in Paris, Carrefour SA may seek to merge its Brazilian unit with Brazil’s largest retailer – Grupo Pao de Acucar. CarrefourContinue reading “Carrefour merging in Brazil?”
Tag Archives: banks
Keep an Eye on Brazil ETFs and Regional Banks: Strategist | ETF Trends
Here is an article from etftrends talking about ETF investments in Brazil. Regional banks are cheap.. I’d appreciate your comments! “An investment strategist for exchange traded fund (ETF) manager iShares recommends investors keep an eye on Brazil ETFs and regional banks. Some analysts like valuations in regional banks and the potential for takeovers by largerContinue reading “Keep an Eye on Brazil ETFs and Regional Banks: Strategist | ETF Trends”
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, the country’s largest bank by market value, jumped four spots this year to become theContinue reading “Itau Surpasses Goldman Sachs in Brazilian Bond Underwriting”
There is nothing like a World Cup (in Brazil)
Where is the best place to watch the World Cup? In Brazil, you may be sure.. There is nothing like it. The cheering, the humor, the samba after a victory… Understanding why Brazil “stops” during the World Cup is understanding how Brazilians relate to pride and joy. It might sound like a contradiction. A countryContinue reading “There is nothing like a World Cup (in Brazil)”
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 the country’s recent economic past has strengthened companies, and especially banks. The argument goes likeContinue reading “Flexible economic institutions”
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