Category Archives: Lifestyle Blog

Brazil’s XP chooses a road often travelled: selling to Itaú

Brazilian brokerage firm XP Holding Investimentos has pulled its IPO in favour of selling a large minority stake to Itaú. The announcement came just days after XP had filed for an IPO that was expected to raise between $1.5 billion … Continue reading

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Goldfajn plots a happy ending for Brazil interest rates

The new president of Brazil’s central bank has identified the large interest rate spread applied by banks on top of the base rate as an obstacle to economic growth. His plan to increase competition and reduce this ‘spread bancario’ is … Continue reading

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Paraguay to focus on trade at IDB

Paraguay’s minister of finance, Santiago Peña, says that he expects the recent shift to the right in the politics of Mercosur’s two largest member countries to lead the organization to refocus on its economic mission at the expense of broader … Continue reading

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