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...
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XP Inc IPO: Strong Business but Overpriced
XP Inc is the largest digital brokerage in Brazil with about 1.5m retail clients and R$350bn in assets under custody. It is a technology driven...
530 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...
553 Views
LatAm Financials: Top Picks Summary
Our top picks in LatAm financials are Banco Do Brasil Sa (BBAS3 BZ) , Cielo SA (CIEL3 BZ) in Brazil and Gentera SAB De CV (GENTERA* MM EQUITY) in...
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