The Brazilian lender saw much higher earnings due to a lower tax bill and reduced expenses from loan loss provisions.
Central bank and banking regulator are monitoring the banking system closely and have begun calling on banks to step up measures, following a series of incidents that set off problems with the nation's electronic payment system, culminating in a major disruption of service last Friday.
Credit Quality Stabilized In Emerging Markets In The First Quarter
With US protectionism looking to spark a full-scale trade war between US and China, LAC trade professionals are preparing for tariff retaliation and worse, but remain largely hopeful that the two superpowers will eventually sit down and come up with a deal that works for both sides.
The largest production of medical cannabis in the world could be in Colombia, a country that has paved the way for investors to develop the scientific use of marijuana. The only obstacle standing in the way of this booming sector is the uneasy relationship with the financial world.
The former supreme court head is well known for combatting corruption, which has been rampant among the political class in recent years.