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December 2008

Brazil’s leading banks: Profitability holds up – so far

Third-quarter results from Brazil’s leading banks – released at the end of October and the beginning of November – weren’t expected to have too many surprises. After all, most of the troubles that have affected the banking system after the period covered by the figures. The fourth-quarter results will be the first to show the true extent of problems.


Policies in place to weather the storms
Brazil to gain a new global profile?
Banks trade on their strengths
Profitability holds up – so far
Consolidation to accelerate?
Real economy takes a hit
Petrobras: hope amid the storm

State-owned Banco do Brasil, the country’s largest bank (until the Itaú-Unibanco merger is complete) announced an impressive increase in third-quarter profits...


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