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Murray News

Lombard Odier to grow in Brazil without acquisitions

Swiss group shapes organic expansion strategy to maintain boutique service 04/23/2024 Frédéric Rochat — Foto: Gabriel Reis/Valor With $351 billion in wealth management globally, Swiss private banking firm Lombard Odier wants to grow in Brazil with no acquisitions. All foreign groups that achieved a relevant share in this segment took shortcuts through acquisitions. That was […]

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23 de April de 2024/by Gelcy Bueno
Murray News

Lula mobilizes ministers to quell political crisis

Key aides met leaders of the governing coalition in the Lower House to address the Executive branch’s legislative agenda 23/04/2024 Arthur Lira — Foto: Zeca Ribeiro/Câmara dos Deputados President Lula’s ministers stepped in to defuse a growing crisis between the Planalto Palace and Congress. Following the president’s meeting with Lower House Speaker Arthur Lira, key […]

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23 de April de 2024/by Gelcy Bueno
Murray News

Companies spend more on interest payments than on investment

Financial expenses reached R$306bn in 2023, while capital allocation totaled R$298bn; delay in fiscal target worsens the scenario 04/22/2024 André Freitas de Moura — Foto: Rogerio Vieira/Valor Brazilian companies spent more on financial expenses—mainly made up of interest payments—than on investment in 2023, according to a survey carried out for Valor encompassing all domestic publicly […]

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22 de April de 2024/by Gelcy Bueno
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