Vitreo announces launch of first Brazilian fund focused on the metaverse
Vitreo has announced the launch of a fund investing in metaverse companies and cryptocurrencies approved by the Securities
December 15, 2021Topic
brazil finance industry
Decree enacts agreement to establish New Development Bank headquarters in Brazil
The President of the Republic, Jair Bolsonaro, issued a Decree, published this Monday, 22, in the Official Gazette of the...
November 22, 2021
Brazil’s Nubank to target market value of more than US$50 billion with IPO in New York
Nubank will seek a valuation of more than USD$50 billion with its expected initial public offering on the New York...
November 1, 2021
Central Bank approves capital increase of US$139 million in J.P. Morgan’s Brazilian operations
RIO DE JANEIRO, BRAZIL - The Brazilian Central Bank approved a capital increase of R$791.397 (about US$139) million in J.P....
July 19, 2021
J.P. Morgan acquires 40% stake in Brazilian digital bank C6
U.S. bank J.P. Morgan has acquired a 40% stake in Brazilian digital bank C6 Bank for an undisclosed amount. Founded...
June 28, 2021
Brazilian banks invested US$5billion in technology in 2020 – Febraban survey
RIO DE JANEIRO, BRAZIL - The Febraban Bank Technology Survey, released Thursday morning, shows that banks in Brazil invested R$25.7...
June 24, 2021
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
Pressured by fintechs, Brazil’s largest bank poised to become sustainability champion
RIO DE JANEIRO, BRAZIL - Brazil's Itaú Unibanco is an institution, a pillar of solidity. And not only in Brazil....
June 16, 2021
Brazil’s BTG acquires investment platform Perfin
Brazilian bank Banco BTG Pactual SA has acquired a minority stake in asset manager and wealth management platform Perfin, the...
June 14, 2021