Tag Archives: lava jato

Was Brazil’s crash an opportunity or the end of a bull run?

Bargain hunters came into the market for shares in the Brazilian banks at the end of last week as investors bought the crash that immediately followed a scandal that threatens to end Michel Temer’s presidency. However, while the subsequent recovery … Continue reading

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Why investors aren’t pricing political risk properly

In many respects the plan is working to perfection. Brazil’s business class wasn’t particularly discreet about its desire to get In many respects the plan is working to perfection. Brazil’s business class wasn’t particularly discreet about its desire to get … Continue reading

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How BTG came through the ultimate stress test

When Brazilian federal police knocked on the door of André Esteves’ Rio de Janeiro home on the morning of November 25, 2015, they were not only arresting one of the country’s most prominent bankers, they were also delivering a hammer … Continue reading

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BTG fights for survival

The arrest of former BTG Pactual CEO, André Esteves, has finally extended the Brazilian corruption investigation, Lavo Jato, to the country’s financial industry. The fall-out for Brazil’s largest investment bank has been swift and severe, and its new management team … Continue reading

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