Banks are mirrors of the economy. The typical Westerner bank is a borrower and the typical Asian a saver. Is it that simple? Should EM Banks take the globe or focus at home? This ‘The Economist” article brings an analysis comparing banks from China and India to western peers. Rambo in cuffs May 13th 2010Continue reading “Emerging Markets Banks #3. Closer look on China and India”
Tag Archives: HSBC
Investors from Abu Dhabi exploring business in Brazil
HSBC is organizing an investment mission to Brazil by a group of 20 high-profile investors from Abu Dhabi, in near future, to assess the investment opportunities available in the areas of mining, agriculture, food commodities and other sectors. Gerardo Mato, the Chief Executive Officer of Global Banking Latin American, HSBC is the banker behind thisContinue reading “Investors from Abu Dhabi exploring business in Brazil”
Brazilian banks go shopping around the world
Banks have suffered everywhere with the financial crisis. Well, not everywhere. Brazilian banks have cash and appetite for seizing opportunities in other countries. This is a shift of trends. Not so long ago Brazilian banks were being bought by international institutions. Last week Banco do Brasil announced its move in Argentina. Yesterday, in an interviewContinue reading “Brazilian banks go shopping around the world”
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