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...
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...
Boost Research
Banco Do Brasil (BBAS3 BZ) - Sound Progress, and Great Value Versus Its LatAm Peers
Brazil assets have not escaped the impact of the generally "risk-off" mode in markets; for the Brazil big-cap banks, including our top pick Banco...
Boost Research
Brazilian Banks; June Central Bank Data Is a Mixed Bag
Bank system loan growth to June has slowed, with the biggest downturn in corporate and directed lending Despite this, private sector banks...
Boost Research