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  • Brasilprev names new CEO

    Brazilian private pension plan provider Brasilprev appointed Walter Malieni Júnior as CEO. Malieni Júnior, a VP at state-run lender Banco do Brasil's corporate area, will replace Marco Barros, who has been Brasilprev CEO since the...

  • Economists cut Brazil growth forecast

    Local economists reviewed downward their estimate for GDP growth in Brazil this year. For 2019, the economy is expected to expand 2.53%, according to a weekly central bank survey with 100 economists, down from 2.57% in the prior...

  • Banco Votorantim invests in fintech sector

    Brazilian lender Banco Votorantim invested US$6mn in Weel, a fintech specialized in receivables-based financing via a pre-delivery platform. With the aim of differentiating itself from banks and traditional factoring firms, Weel...

  • Brazil economy fails to impress

    The Brazilian central bank's economic activity index, a GDP proxy known as IBC-Br, grew 0.29% month-on-month in November last year. In the January-November period, IBC-Br expanded 1.38% compared to the same period of 2017. After ...