Tag Archives: Equities

Bradesco BBI aims to become regional investment bank

Bradesco BBI is aiming to become a regional investment bank in Latin America over the next couple of years, according to its managing director Leandro Miranda. Leandro Miranda, Bradesco BBI Miranda, who has headed Bradesco’s investment banking unit since late … Continue reading

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Has Brazil’s equity rally run out of steam?

Is it time to sell Brazil? Yes, according to the Swiss bank that accurately called the strong rally in equity and FX during the past 12 months. Credit Suisse and its Swiss competitor UBS have been eyeing the strong equity … Continue reading

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Brazilian brokers wave the offside flag

“The Bovespa is like the CBF [Brazilian Football Confederation] and the brokers are like the clubs: the former is very rich and very powerful, while the latter do all the work and are going broke.” Ricardo Lacerda, founder and CEO … Continue reading

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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

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Competition from locals as HSBC looks to build LatAm equities

The announcement that Itaú Unibanco is to buy a controlling interest in Chile’s Corpbanca confirmed the regional expansion of the big Brazilian banks and demonstrates the tough local competition that HSBC faces as it invests in its Latin American equities … Continue reading

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Brazil tries to shrug off a poor run in equities

The last couple of equity deals of 2013 from Brazil failed to change the bearish sentiment that has dogged the market for fresh equity for more than a year. Investment bankers will be hoping for an improvement in investors’ appetite for Brazilian … Continue reading

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