Tag Archives: banks

Carrefour merging in Brazil?

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 … Continue reading

Posted in Business | Tagged , , , , , , | Leave a comment

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 … Continue reading

Posted in Investment | Tagged , , | Leave a comment

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

Posted in Business | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

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 … Continue reading

Posted in Brazil, Culture | Tagged , , , , , | 1 Comment

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

Posted in Article review, Brazil, Economy | Tagged , , , , , , , , , , , , , , , , , , , , | 2 Comments

Take away from Roberto Setubal’s conference in Sao Paulo

Roberto Setubal, president and CEO of Brazilian bank Itaú Unibanco, gave a conference at the “2010 Latin American Cities Conference: São Paulo,” that this sixth edition has the theme “Brazil is the Future.” Strengthen the capital markets. According Setubal, it … Continue reading

Posted in Article review, Brazil, Economy, Event | Tagged , , , , , , | 1 Comment

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 … Continue reading

Posted in Article review, Brazil, Business | Tagged , , , , , , , , , , , , , , , , , | Leave a comment