Tag: Brazilian Banks

RIO DE JANEIRO, BRAZIL - A legion of customers who withstood the pandemic made life difficult for the largest banks in the country. Bradesco and Santander joined the journey of individuals and families who did not give up and...
RIO DE JANEIRO, BRAZIL - The Febraban Bank Technology Survey, released Thursday morning, shows that banks in Brazil invested R$25.7 (US$5) billion in technology last year, an 8% growth over 2019 Investments in software increased 15% in 2020, to R$14.4...
RIO DE JANEIRO, BRAZIL - Major Brazilian banks will have to accelerate the pace of spending cuts this year to cope with tight financial margins, according to an analysis by Moody's. The rating agency points out that the economic recovery...
RIO DE JANEIRO, BRAZIL - For years, Brazilian banks have been cashing in on hefty transaction fees. That is (almost) over now. But debit and credit cards are also in danger of being overrun by PIX. PIX, the new instant...
RIO DE JANEIRO, BRAZIL - Brazil's Itaú Unibanco is an institution, a pillar of solidity. And not only in Brazil. But in the midst of a very disruptive scenario for the banking sector, even this giant needs to reinvent itself. At...
RIO DE JANEIRO, BRAZIL - Owning their first home on the outskirts of São Paulo felt like a distant dream when tattoo artist Fernando do Prado and pharmacist Jenifer Ferreira got engaged in January. They soon realized, however, that it...
By Reuters - Reporting by Carolina Mandl RIO DE JANEIRO, BRAZIL - More than two dozen heavily-armed men stormed into the center of Guararema recently, rousing the Brazilian town's residents with the sound of broken glass, explosions, and gunshots. Brandishing high-powered...
Opinion, by Nicholas Storey RIO DE JANEIRO - Apart from the fact that, unlike some British banks, Brazilian banks have no recent tendency to succumb to bankruptcy, there are other comparisons between British and Brazilian banks in which British banks...
Opinion, by Doug Gray, Senior Contributing Reporter RIO DE JANEIRO - Shortly after carnival in the Sendas at Largo do Machado, I witnessed a group of Americans trying unsuccessfully to withdraw money from a huddle of four cash machines by...



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