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Brazil’s private sector feeling December heat

Last week, Fitch joined Moody’s and Standard & Poor’s in downgrading crisis-struck BTG Pactual, the region’s 11th largest bank by assets, according to Latin Trade’s latest Top 100 Banks ranking. The downgrade marks the latest blow to Brazil’s private sector amid the Petrobras scandal and President Dilma Rousseff’s impeachment process, which began last week after […]
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