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
Which institution will gain the top spot following Banco Itaú’s audacious R$26.5 billion takeover bid for Unibanco, announced at the beginning of November, and a series of acquisition announcements by Banco do Brasil?
Of the two, the Itaú-Unibanco deal has more profound significance. The resulting bank would be one of Latin America’s largest financial institutions but it has divided observers about its significance: does it highlight the strength or weakness of the Brazilian banking system?
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