Category: Brazil

Paulistas like to say that if the state of São Paulo were an independent country it would be the second-largest economy in South America. As the most populous and most […]

Brazil’s three largest private sector banks together control 30% of the Brazilian banking system’s $437 billion in assets. Banco Bradesco, Banco Itaú and Unibanco are large by regional standards, but […]

The white marble and glass Planalto palace in Brasília is Brazil’s political nerve center. President Luiz Inácio Lula da Silva and his closest advisers all have their offices in the […]

What will the Mexican peso be worth this time next year and where will Brazil’s C-bond be trading (if at all)? What will happen in Latin America when the Fed raises US interest rates? Who will be the next Latin American leader to be ousted by street protestors?

You can make your predictions for these and many other financial, economic and political events by participating in our LatinFinance 2004 Predictor Competition. The person whose predictions are closest to the mark will win a case of champagne this time next year.

Enersis, Latin America’s largest private sector electricity utility, with subsidiaries in Argentina, Brazil, Chile, Colombia and Peru, faced a bleak situation in 2002 as Argentina’s devaluation and deepening economic crisis […]

After several years in the doldrums, Brazil’s economy is likely to grow by 3%-4% this year and bankers expect a sharp increase demand for loans. Bradesco, Brazil’s largest private-sector bank, […]

Brazil’s return to the capital markets in April 2003 after a year’s absence was a closely watched event. Any slip up or misreading of the market could end in disaster. […]

Unibanco, one of Brazil’s largest banks, has a solid history of capital markets activity dating back to the 1950s, acting both for itself and its clients. The bank began raising […]

Demand for exotic credits, popular with international investors in 2001 and 2002, waned after Brazil won back investor interest in the second half of 2003. Luckily, there is still demand […]

For years Brazil’s national oil company, Petróleos Brasileiros (Petrobras) could only raise money on the international markets with bonds equipped with credit enhancements. The company long hoped to resume issuance […]