Brazil’s stock exchange B3 doubles in value in 4 years; reaches the 4 million investor mark
Never has so much been said about the Stock Exchange in Brazil. With real interest rates (which discount inflation) close...
July 27, 2021Topic
banks
Major Brazilian banks will have to cut spending more, according to Moody’s
RIO DE JANEIRO, BRAZIL - Major Brazilian banks will have to accelerate the pace of spending cuts this year to...
June 23, 2021
Brazil Announces New Limits for Large Cash Withdrawals
Central Bank established that any cash withdrawal over R$50,000 must be registered with the Financial Activities Control Council (COAF).
June 29, 2017
Longest Bank Strike in Brazil’s History Ends After 31 Days
Strikers agreed to a two-year deal which includes a wage increase of 8 percent in 2016 and inflation index plus...
October 7, 2016
Longest Brazil Bank Strike in Over a Decade Continues
Negotiations hit deadlock with both sides refusing to revise their positions.
October 6, 2016
Brazil Bank Strike Enters 24th Day, Longest Since 2004
The effects of the strike this year, however, have been minimized by the increased use of alternative channels, such as...
September 29, 2016
Bank Workers in Brazil Enter 16th Day of Strike
Bank employees and representatives from the institutions have met eight times since the strike began on September 6th, but seem...
September 22, 2016
Bank Employees Strike Again for Better Wages in Brazil
The nationwide strike is for an undetermined period of time with employees calling for increased wages and benefits.
September 6, 2016
Brazilian Banks Struggle to Keep Afloat in Troubled Economy
A recent survey showed that losses of small and medium sized financial institutions totaled R$1.5 billion until the third quarter...
February 9, 2016