Three of Latin America’s five best-performing banks in 2001 are Brazilian-owned. Banco Itaú of Brazil is by far the most profitable big bank in Latin America, scoring a 34% return […]
Category: Brazil
Staying the Course
No matter who wins Brazil’s presidential election, it’s unlikely he or she will undo the country’s economic progress and its battle against inflation.
Latin America’s Corporate Giants
Telmex, the dominant Mexican telephone operator, is the largest private-sector company in Latin America. With a market capitalization of $30.18 billion it towers above Petrobras, the biggest company in Brazil, […]
Tenders Take Center Stage
Late last year, Brazil’s Congress passed a raft of legal reforms that seek to increase corporate financial transparency and strengthen rights for investors.
The Man Who Saved Brazil
Armínio Fraga has saved Brazil from calamity twice since he took over as central bank governor early in 1999. When Argentina’s financial crisis began intensifying last year, he and his […]
The Cars That Could
Brazil’s Volkswagen subsidiary has become one of the country’s biggest exporters.
Across-the-Board Issuing
Petrobras aims to raise more money in all the major currencies.
A Departure, But a Steadfast Policy
Daniel Gleizer has left his post as international director of the Brazilian Central Bank. But the bank’s integrated approach to monetary policy and debt management continues to secure the sovereign’s financial future.
Business and Banking
Bradesco Enlarges Its Empire Brazil’s largest private-sector bank, Banco Bradesco, has added a bank, an asset manager and a finance company to its financial services fold, making a decisive statement […]
Putting Itself Out In Front
Unibanco, the Brazilian bank that has cultivated an image as a financial services provider for the rich, has dipped into the consumer market as a means of survival.
