Hints and tips:
...But all this cannot be done if we do not discuss the issue of limits to exploration,” Silva said....
...Shares in several of Brazil’s large state-controlled companies, including Petrobras and Banco do Brasil, have endured a week of swings as investors worry that the new administration of Luiz Inácio Lula da...
...The Banco Central do Brasil, or BCB, has responded aggressively to price rises, raising rates eight times consecutively by 875 basis points (8.75 percentage points) since March....
...“It is technically possible to do it without hurting fiscal accounts....
...With its pricing scheduled for March 27, Ri Happy is seeking to raise R$860.8m ($265.4m) in an offer managed by BTG Pactual, Credit Suisse, Itaú BBA, Bradesco BBI, Goldman Sachs, and Banco do Brasil Investimentos...
...Petrobras’s chief financial officer Iván Monteiro, a former senior executive at Banco do Brasil who has been running the state oil company’s privatisation programme, was named interim chief executive later...
...Mr Parente will replace at Petrobras a handpicked appointment of Ms Rousseff, Aldemir Bendine, the former head of Banco do Brasil, Brazil’s largest state bank....
...Brasil, the state-owned bank....
...The aim is to test the theory that large-scale floating turbines could emerge as a cheaper alternative to farms built on solid foundations, as well as allowing installation where subsea conditions do not...
...“We are targeting Brazil as a key market in which to be present, and Azimut’s strategy is long term,” says Giuseppe Perrucci, president and co-chief executive officer of Azimut Brasil....
...Brasil, Malaysia’s Maybank and ICBC Asia, the offshore arm of China’s largest bank by assets....
...The $400m IPO for renewable-energy developer CPFL Renováveis last month was only able to successfully come to market after its lead underwriter BTG Pactual and the pension fund of state-run Banco do Brasil...
...However, companies’ confidence in the market was initially boosted in April this year when the insurance arm of Brazil’s state-owned bank, Banco do Brasil, raised R$11.48bn....
..., beyondbrics Votorantim suspends $4.9bn Brazil IPO, FT Brazil hanging on for record IPO boom, FT Brazil investors look beyond benchmark index, beyondbrics Banco do Brasil eyes $6bn spinoff....
...A successful listing would have made it the biggest deal this year behind the R$11.48bn of BB Seguridade, the insurance arm of the country’s state-owned bank Banco do Brasil....
...Aside from the Votorantim offering, the market will be watching to see if heavyweight Banco do Brasil can get the offering of its insurance arm, BB Seguridade Participações, off the ground....
...So what makes Banco Do Brasil think it can pull off what others have failed to do? Well, for one thing, the state-owned bank has size on its side....
...We do not see momentum for an upgrade in the near-to-medium term....
...This was followed by another Rmb100m private placement last month and comes as rivals Bradesco and Banco do Brasil make similar forays into the renminbi market....
...ANZ Bank and Banco do Brasil have also issued renminbi-denominated bonds in London this year....
...“It’s a new trend, it’s never happened before,” says Eric Berthelot, president of DNCS do Brasil, of his company’s technology transfer....
...For now, however, the champagne is flowing, especially at investment banks JP Morgan, Morgan Stanley, Itaú Unibanco, Banco do Brasil and Banco Santander, which managed the Petrobras sale....
...Bram is Brazil’s third-largest asset manager (after Banco do Brasil and Itaú-Unibanco) with R$265bn ($133bn) in assets under management....
...Principal, which has said it has $800m to $900m to deploy this year, already has a large pension fund joint venture in Brazil with Banco do Brasil....
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