Galliano's Latin Notes 2019 Recommendations in Review, and Initial Thoughts for 2020
Our post mortem of 2019 recommendations shows that we have had some successes; good bull calls were Gentera SAB De CV (GENTERA* MM EQUITY) in...
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Brazil's Big Three Listed Banks - Margins, Spreads and Lower Benchmark Rates in Charts
We explore the topical trends in Brazil bank spreads and margins versus benchmark rates, in view of the reduction in benchmark rates, in this...
614 Views
XP Inc (XP US): This Brazil Fintech's Growth Potential Warrants the Premium IPO Valuation
XP Inc (XP US) management has announced its IPO on Nasdaq which is set to price this week, making it the largest Brazilian corporate IPO in 2019...
511 Views
Bradesco (BBDC4 BZ) PBV Discount to Itaú Unibanco (ITUB4 BZ) Set to Narrow
Itau Unibanco Holding Sa (ITUB4 BZ) shares have outperformed Banco Bradesco Sa (BBDC4 BZ) shares over the last six months - partly due to solid...
427 Views
Chile in the Spotlight - Banking on an Inflation Boost
Political unrest has led to a Chilean market correction; yet the announcement of a referendum on constitutional change is a catalyst for a...
393 Views