Archive for the ‘Stories’ Category
UBS Plans to Rebuild Securities Business in Brazil
UBS AG, Switzerland’s largest bank, plans to set up an investment bank in Brazil to rebuild its business in Latin America’s biggest economy Read more: UBS Plans to Rebuild Securities Business in Brazil
Tags: banco bradesco, Banco Bradesco BBI SA, Banco BTG Pactual SA, Banco Modal SA, Banco Votorantim SA, bank of america merrill lynch, BB Investimentos SA, brazil, central bank, Citigroup Inc., JPMorgan Chase & Co, Latin America, Link Investimentos, Pactual, Switzerland, ubs ag, UBS Brasil Banco de Investimento SA, Vontobel Holding AG | Posted under Stock & Bond Market News, Stories | No Comments
“Probably too big” BNDES could become political issue, says BTG Pactual’s Esteves
Although Brazil is fortunate to have national development bank BNDES, the bank is “probably too big” now and could become a political issue in the October presidential elections, BTG Pactual CEO Andre Esteves told reporters at a conference held by financial services firm Larrain Vial in Santiago, Chile. Read more: “Probably too big” BNDES could become political issue, says BTG Pactual’s Esteves
Tags: banco do brasil, bndes, bradesco, BRAiN, btg pactual, Caixa Econômica Federal, febraban, itau unibanco, Projeto Omega, UBS, World Bank | Posted under Stock & Bond Market News, Stories | No Comments
Real Bonds’ `Massive Premium’ Lures Aviva, KBC as Yields Fall
A three-month rally that drove yields on Brazil’s dollar bonds to a record low is prompting investors led by KBC Asset Management SA and Aviva Investors to pare holdings and buy the country’s real-denominated notes. Read more: Real Bonds’ `Massive Premium’ Lures Aviva, KBC as Yields Fall
Tags: Aviva Investors, bonds, central bank, Credit-default swaps, EMBI+ index, JPMorgan Chase & Co, KBC Asset Management SA, real, yield | Posted under Stock & Bond Market News, Stories | No Comments
Brazil Stocks Lure Most Foreign Money in 10 Months
Brazilian stocks had their biggest foreign inflow in ten months in July as diminished concern the economy is overheating prompted policy makers to slow the pace of interest-rate increases. Read more: Brazil Stocks Lure Most Foreign Money in 10 Months
Tags: banco do brasil sa, Banco Modal SA, BM&FBovespa SA, brazilian stocks, central bank, Cyrela Brazil Realty SA Empreendimentos e Participacoes, economy, Empresa Brasileira de Aeronautica SA, foreign investors, interest rate, Lojas Renner SA, MSCI Brazil, overheating, petrobras, Petroleo Brasileiro SA, Selic | Posted under Stock & Bond Market News, Stories | No Comments