Operation in Rio targets former executives for alleged fictitious accounting within the retail chain 06/28/2024 Financial figures were reportedly manipulated when Americanas failed to meet the targets anticipated by bank analysts — Foto: Domingos Peixoto/Agência O Globo Information compiled by the Federal Public Prosecutor’s Office and the Federal Police, which underpinned Thursday’s (27) operation against 14 former executives […]
Lack of IPOs and minimal activity sees Brazil fall from 3rd to 7th in rankings dominated by India and China 06/24/2024 Hans Lin — Foto: Carol Carquejeiro/Valor The sluggish activity in the Brazilian equities market has caused Brazil to drop positions in the ranking of emerging countries. According to data from Dealogic, Brazilian companies have […]
Mexican market experiences a boom, attracts Brazilian firms’ investments 06/24/2024 Nubank’s Cristina Junqueira — Foto: Carol Carquejeiro/Valor Brazilian fintechs—and even traditional banks—are betting on expanding operations to Mexico. Latin America’s second-largest economy is an obvious destination given its market size, but there are other factors behind the bet. Mexico has benefited from the U.S. strategy of nearshoring (relocating […]