Previously reliant on their own resources or bank loans to raise capital, companies in Brazil are now recognising the benefits of listing. But it will take a while before the country's stock exchange catches up with others around the world.
Latest articles from Banking strategies
New regulations see insurers and banks link up over liquidity
June 30, 2011The advent of Solvency II and Basel III means insurers are reconsidering where to invest, just as banks are looking for new sources of funding. Structurers are seeking ways to play these mutual interests.
Has Basel got its numbers wrong?
June 30, 2011Regulators face a tricky task in setting appropriate capital charges for counterparty risk. Many are worried that some of the provisions in Basel III may cause as many problems as they solve.
Deutsche Bank's 'flow monster' outpaced in trading income
June 30, 2011The Banker's Top 1000 World Banks has revealed some surprising results for sources of income at banks.
Sanofi Aventis defies global turmoil to close $20bn takeover of Genzyme
June 1, 2011The caution in the markets following the tsunami in Japan and unrest in north Africa provided an unpromising backdrop to French company Sanofi Aventis's $20bn takeover of US biotech firm Genzyme. However, the deal passed off as a resounding success.
Do rising commodities prices signify a world of change?
June 1, 2011While some are playing down the continuance of the commodities supercycle, others say pressure on prices and a shortage of resources are here to stay, with the knock-on impact on the growth rates of the developed and developing worlds.
China's rising taste for copper as collateral
June 1, 2011Copper’s role as an indicator of the pace of China’s industrialisation. But how worried should the market be about the build up of copper stocks in China’s bonded warehouses?
The wider impact of Japan's nuclear crisis
June 1, 2011The earthquake in Japan in March inevitably forced short-term changes in the country’s energy consumption, but the long-term implications for energy and other commodities are far-reaching.
Turkish success for BAML's compressed bookbuild
June 1, 2011Bank of America Merrill Lynch's European ECM team has had a strong start to 2011, built chiefly around its successful 'compressed bookbuild to refloat an asset' – or Cobra – for BC Partners' Turkish retail business.
Iron ore risk leaves steel industry looking to the futures
June 1, 2011The past couple of years have seen the pricing mechanism for iron ore changed for the first time in decades, and new contracts – such as iron ore futures – launched. It is now possible to assess the effectiveness of these changes.