The acquisition of Banco Modal by XP Inc. brings to the financial group founded by Guilherme Benchimol R$30.4 billion in assets under custody, 501,400 active clients and a portfolio line of credit of R$606.8 million, data from the third-quarter results show. It may seem little for XP, which was already near R$800 billion under its […]
The American insurance company Prudential has its eye on new companies in Latin America and Brazil. Through PruVen Capital, a venture capital asset manager created in late 2020, it has been evaluating businesses linked to innovation in the areas of insurance, asset management, healthcare, financial services, and technology. With expected investments between $5 million and […]
Commodities are grabbing an increasing share of exports across nationwide. In all regions, products related to agribusiness or the extractive industries ended the year dominating foreign sales. Soybeans have become the champion of shipments in ten states, crude oil or oil products are in the lead in three federative units and iron ore is now […]