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 learn Portuguese. We have talked about Brazilian banks “going shopping” abroad in the past. BanksContinue reading “Newsweek: Americans should learn Portuguese”
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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?”