The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookiesbefore using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

Credit Suisse hires big guns for Brazil fight

Ilan Goldfajn_CS_960.jpg

Credit Suisse has hired several big guns in the battle for the banking market in Brazil. Chief among them is Ilan Goldfajn, ex president of the central bank of Brazil.

He officially became chairman of Credit Suisse Brazil on September 16, 2019; and in September this year he spoke to Euromoney about his new role and his views on the banking market that he was, until March 2019, responsible for overseeing.

Since the acquisition of local investment bank Garantia in 1998, Credit Suisse has had a strong investment banking platform in Brazil. It embedded wealth management within its investment banking strategy in 2006 through the acquisition of Hedging Griffo.

The combination worked and Credit Suisse led Brazil through the optimistic IPO wave of 2007. José Olympio Pereira, chief executive since 2012, was hailed locally as the ‘king of IPOs’ at the time and was credited with bringing more than 70 deals to market.

But in recent years Credit Suisse has faced a tougher challenge in Brazil.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?