Tag Archives: santander

Brazil’s banks face paradox of worsening asset quality in a deleveraging corporate sector

Brazil’s banks are facing an apparent paradox: the level of corporate leverage has improved markedly in the past year while delinquency levels have risen and non-performing loan (NPL) formation remains at high levels. These are the main findings of a … Continue reading

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Brazil extends successful offshore wealth amnesty

Senior private bank professionals in Brazil expect that the extension to the amnesty on undisclosed offshore assets will lead to further inflows – for the government and private banking industry – in 2017. The initial deadline of the end of … Continue reading

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Cash management in Brazil: Local knowledge bears fruit

In Brazil the domestic banks are managing to convince companies that in the provision of cash management services being local is best. This year’s Euromoney cash management survey shows that the universal banking model has limited appeal. HSBC remains ranked second in … Continue reading

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Santander goes for Mexican listing

Santander is taking a gamble that market volatility will not return in September at levels that could call off its planned IPO of its Mexican subsidiary. The Spanish bank plans to sell 24.9% of its Mexican bank and has set … Continue reading

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