It seems counterintuitive, but the endless cycle of political turmoil in Brazil might be insulating the country from a crisis that is warranted by its perilous fiscal situation.

Hopes for full privatization dashed; investors might still see growth opportunity.

Global finance needs to believe in the progress it can drive to meet environmental challenges.

Investors have misconceptions about the scale of its retrenchment; growth and asset quality recovery likely to increase through 2018.

New banking law looks set to require BBVA to add capital; deal would transform Scotiabank in key Pacific Alliance market.

Pipeline of ECM deals grows as sentiment improves; government said to be planning ‘ambitious’ privatization programme.

State bank BNDES’ benchmark rate set to be replaced; implicit subsidies have been a significant fiscal drain

Short-term factors driving strong improvements in earnings and ROE; revenues the issue next year as credit demand remains weak.

Itaú BBA has long been a top investment bank in Brazil. Recently, rumours of high turnover, a changing culture and low morale have been rife. But Roderick Greenlees, head of investment banking, says the bank remains an undisputed market leader.

It is no understatement to say that the country is uncharted territory. The news is all good right now. But next year’s presidential election could return it to familiar, volatile territory.

Carrefour subsidiary shows demand for Brazilian IPO; carry trade boosting equity as well as bond performance in Latin America.

Bank’s IB division up to third in rankings in first half of 2017; IB head Leao says there is “still a lot more to come”.

Reduction of size and cost of subsidized credit key policy reform; negative impact of earmarked credit highlighted by World Bank report.

Sometimes we can’t see the trees for looking at the woods.

Renegotiated and restructured debt lengthening NPL cycle; Bradesco and Santander to benefit most from better cost of risk.

Brazil office opened in 2014 and has won several prestigious mandates; firm argues changes to bankruptcy code would boost M&A.

What gated communities can teach us about gaming the system.

The latest political scandal in Brazil spooked the markets, but didn’t bring them down. Why not?

The country’s biggest banks are working on the big data challenge. If successful, it could transform the industry and its performance. But quantifying the impact and differentiating between potential winners and losers is almost impossible.

Swiss bank buys Brazil’s biggest multi-family office; wealth management industry continues to grow fast despite economic turbulence.

Bernardo Parnes opens IB and wealth management boutique; consultancy aims to differentiate by seniority of advisers.

Miranda, head of BBI, says single country banks at a disadvantage; global trend to universal banks helping drive national and regional growth.

Sharp crash in bank shares was followed by marked recovery; risk of political stagnation could lead to larger, longer-term falls in sector.

Itaú buys XP to protect its market share; staggered deal offers XP a certain future away from IPO risks.

Private banks ahead of the curve in terms of provisioning; Banco do Brasil returns to double-digit ROE.

Credit Suisse switches to outperform rating; Santander expected to quickly close the profitability gap with its peers.

Airline IPO finally takes off on fourth attempt; optimism immediately tempered by renewed political risk.

The headline news in Brazil is always dramatic, often shocking, but never dull. Unlike its financial sector, which does little to excite international interest. Could that be about to change?

Recent IFC deal for Banco Daycoval outperformed initial expectations; IFC sees changing role in Brazil as interest rates fall.

Credit Suisse books Brazilian profits and switches to Malaysia; crowded trade hints at heated valuations.