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Monthly Archives: September 2015
Brazil Banking: Bradesco bouyant, HSBC on the back foot
Bradesco’s senior management is reported to be delighted with the price paid for HSBC Brazil, despite its final bid having been more than expected. Meanwhile, the UK-based universal bank faces obstacles in its claims to be able to continue to … Continue reading
Brazil downgrade: buy the news?
Standard & Poor’s surprised the market with its downgrade of Brazil’s sovereign rating to speculative grade late on Wednesday 9 September but the key question for equity investors is should they ‘buy the news’? Research by UBS, published on 18 … Continue reading
Posted in Blog
Tagged bonds, brazil, crisis, currency, Dilma Rousseff, downgrade, Equities, investment grade, Joaquim Levy, junk, politics, real, speculative grade, standard & poor's, UBS
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