Monthly Archives: February 2013

UBS finally secures Brazilian Link

UBS has announced the acquisition of Link Investimentos, the Brazilian brokerage firm, as well as obtaining a much-sought after Brazilian banking licence. Since the Swiss bank sold Pactual in 2009 it has been looking for a way to re-enter the … Continue reading

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The CEO that gave away his power

Ricardo Semler became CEO of his family’s company, which produced parts for Brazil’s struggling shipbuilding industry, at the age of 21. On his first day he fired 60% of the management team and began diversifying the company’s businesses. At the … Continue reading

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Private banking survey 2013: Brazil’s wealthy say goodbye to risk-free investment

Joao Albino Winkelmann, the head of Bradesco Private Bank, frames the challenge presented to Brazil’s private banking market by the demise of high interest rates. “What we did before wasn’t consultative private banking,” he says. “It was so easy; we … Continue reading

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Hopes for equilibrium in Brazil’s IPO market

Linx, a provider of software to the retail market, is likely to be the first company to try to launch an IPO in Brazil in 2013. The deal will be eagerly watched by all equity market participants: the market badly needs … Continue reading

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