July 15, 2012
Brazil
Moody’s Investors Service on June 21 downgraded more than a dozen major banks as they grapple with declining profitability and a weakening global economic environment. Will the downgrades affect the banks’ businesses in Latin America and their customers in the region? Will the downgrades create opportunities for smaller financial institutions in Latin America? How well [...]
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June 8, 2011
Brazil
By Michael Diaz, Jr. – Managing Partner Andre Linhares – Attorney First publication on The Brazilian-American Chamber of Commerce of Florida The U.S. is taking its relationship with Brazil for granted, and that may hurt South Florida’s economy. Consider the facts. In 2009, China became Brazil’s primary trading partner, surpassing the U.S. for the first [...]
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Will Moody’s Downgrades Affect Latin American Banking Operations?
July 15, 2012 BrazilMoody’s Investors Service on June 21 downgraded more than a dozen major banks as they grapple with declining profitability and a weakening global economic environment. Will the downgrades affect the banks’ businesses in Latin America and their customers in the region? Will the downgrades create opportunities for smaller financial institutions in Latin America? How well [...]