A potential default of sovereign bonds could trigger further U.S. dollar withdrawals while jeopardizing the quality of banks’ premium dollar loan book to exporting companies. With the May 8 deadline…
“We want your confidence back,” Pedro Guimarães told the investment community shortly after taking over as interim chairman at IRB-Brasil Resseguros SA. “We had a confidence crisis because of an…
Avenida Paulista is a top tourist attraction in São Paulo, Brazil, with shops, restaurants, cultural and music venues lining the 2.7-kilometer road. It is also one of the country’s most over-branched areas.…
Less than a tenth of revenues generated by Argentine banks in 2018 came from lending activities, underscoring the dramatic shift financial institutions there have made to withstand ongoing economic volatility.…