Situation may be comparable with other large court-supervised reorganizations and mean the largest hit for the financial industry since pandemic 01/26/2023 Case is likely to be biggest hit to banking industry since coronavirus pandemic — Foto: Dado Galdieri/Bloomberg The collapse of Americanas after the discovery of a R$20 billion “accounting inconsistency” earlier this month is […]
Study shows that searches on the Internet for the topic skyrocket after a certain point 01/24/2023 Brazilians begin to be bothered by the dynamics of prices when inflation is higher than 3.7% in 12 months, a study from MCM Consultores found. This means, in theory, that from this level on, consumers and companies start to […]
Brazil’s securities market watchdog wants to know if the accounting problem is restricted to Americanas 01/24/2023 There is a risk that this is not Americanas fraud only, but an accounting method used by other companies, expert says — Foto: Gustavo Minas/Bloomberg Brazil’s Securities and Exchange Commission (CVM) is questioning at least nine publicly traded retail […]