Itaú-Unibanco’s Roberto Egydio Setúbal talks to Latin Trade in a wide-ranging interview in Miami during the Latin American Banking Federation (FELABAN) meeting.
As the global financial crisis shook up Brazil’s economy, sturdier companies snatched up their more vulnerable rivals, some at bargain-basement prices. Now, with the economy back on track, more mergers and acquisitions are on the horizon, especially in the retail and consumer goods sectors.
As trade, investment and lending ties deepen between Latin America and China, some leaders discover that relationships can be complicated.
Call it Latin America Inc. – the wide-scale rebranding of the continent. But will the new image of the region take root with the rest of the world?
Theater director, actor, song writer and journalist Paulo Coelho is not only the best-selling Brazilian writer, but his novel “The Alchemist” was a 20th century literary phenomenon. Coelho, who was born and lives in Rio de Janeiro, has sold 100 million copies of his books worldwide.
TOTVS is one of the hottest software companies in South America, yet CEO Laércio Cosentino chose the site of a former Benedictine monastery to set up headquarters, miles from the high-rise technology hubs of the flashier Berrini and Vila Olímpia districts.
RIO DE JANEIRO — Brazilian authorities signaled their bullish outlook on the economy in August, when Finance Minister Guido Mantega changed the name of the government’s Commission on the Crisis – launched during the depths of the global financial slump – to the Commission on Competitiveness. Spurred on by revived consumer demand and better access [...]
Brazil, coming off one of the biggest oil finds of the decade, is positioning itself to play a major role in an energy hungry world.
The increasing heft of Brazilian corporate giants and smaller firms in Africa is boosted by a national strategy in which Brazilian President Luiz Inácio Lula da Silva has played a central role.
Frederico Fleury Curado, the President and CEO of Embraer, answers the questions the famous French author Proust once did.
In the region of new democracies, is this the shape of things to come?
With an impeccable political pedigree, high approval ratings and matinee idol looks, Aécio Neves, the 49-year-old governor of Minas Gerais, has the credentials to reach Brazil’s top office. Neves got his start in politics before he turned 21, tapped by his grandfather, Tancredo Neves, to serve as his private secretary when he held the [...]
Mention the words “Fernando de Noronha” to most Brazilians and a dreamy, almost jealous, expression spreads across their faces. A tiny speck of paradise in the middle of the Atlantic Ocean, Noronha is hopelessly out of reach, geographically and financially, to all but a handful of the country’s 185 million inhabitants. Located 210 miles [...]
With broad smiles and a clasp of hands, Roberto Setúbal and Pedro Moreira Salles – captains of Brazilian finance – christened the largest commercial bank in Latin America and set sail on a business adventure that is already exploring expansion possibilities across the region.
Can you recommend a traditional restaurant to impress my clients in Sao Paulo? “When foreigners come to Brazil there is pretty much one type of restaurant they all want to go to and that’s our ‘churrasco’ (Brazilian barbecue). I’d recommend Figueira Rubaiyat restaurant or Bolinha restaurant. Figueira is where you go for the traditional, but [...]