LatAm Pre-Open: Brazil Leads, Mexico Fades, U.S. Returns
LatAm Pre-Open: DAX +2.01% and Bovespa +0.91% Monday carried the risk-on bid through Wall Street's holiday. US institutions return Tuesday;...
May 26, 2026Topic
ITAU
Fitch upgrades credit ratings of 12 Brazilian banks
Fitch Ratings has increased the credit ratings of 12 financial institutions in Brazil, including both public and private banks.
August 3, 2023
Lula meets Paraguay’s president-elect to discuss revision of contract for Itaipu hydroelectric plant
On Friday, Brazil's President Luiz Inácio Lula da Silva is set to meet Paraguay's President-elect Santiago Peña at the Alvorada...
July 28, 2023![Banco do Brasil.jpeg]](https://www.riotimesonline.com/wp-content/uploads/2021/01/Banco-do-Brasil.jpeg.jpg)
Major Brazilian banks record profits of more than US$18.5 billion in 2022
The main banks operating in Brazil profited more than R$96 billion (US$18.5 billion) in 2022. The amount corresponds to a...
February 15, 2023
Banks lead the ranking of most valuable brands in Brazil in 2022
The Brand Dx ranking of the most valuable brands in 2022 shows that banks occupy the top of the list.
November 17, 2022
Brazil’s leading bank predicted more inflation and lower activity levels for Argentina
Brazil's Itaú bank estimated that Argentina would present a scenario with higher inflation and lower economic growth.
August 15, 2022
Brazil’s favorite banks in the run-up to the second quarter balance sheets
If the accounting season of the large Brazilian banks were a race, we could say that the "athletes" arrive in...
July 27, 2022
Brazil: Private banks make US$3.6 billion in profit in the first quarter
The recurring net income of the three largest private banks in the country -Bradesco, Itaú, and Santander Brasil- totaled R$18.2...
May 9, 2022
In Brazil, 4 banks are among the 10 most profitable in the world
Research by Economatica shows that in Brazil, four banks are among the banks with the highest profitability in relation to...
April 19, 2022