Brazil: Bankers rueful over Rousseff

Brazil’s banking industry exclaimed loudly that another four years of Dilma Rousseff would be a disaster for the country. Now that she has been re-elected, have the bankers changed their minds?

Brazilian president Dilma Rousseff
Further reading 
Brazilian president Dilma Rousseff
Brazilian elections: Don’t bank on Marina
Brazil faces tough future, say economists
Brazilian public banks: Short-term gain, long-term pain?

The sight of an opposition march down Faria Lima on October 22 will live long in the memory of those well-heeled manifestações who took part. Bankers, CEOs and CFOs joined a popular protest against the incumbent president Dilma Rousseff that made its way slowly down the avenue, which is flanked by the shiny new glass headquarters that make up Brazil’s new financial heartland.

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