OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Buffett-backed Nubank Likely to Go for IPO With…
The Buffett-backed neobank, Nubank from Brazil, is reported to be eyeing an IPO that would value the company at over $55 billion which will be more than what the largest traditional lender in Brazil is…
Buffett backed NeoBank Nubank Looking for Bumper IPO
NuBank, the Latin American-based neobank, is reported to be actively considering going public with a $2 billion IPO at the NASDAQ exchange and it is reported that it has started talks with investment advisors and…
Eurex to Launch Futures on MSCI Brazil
Eurex has announced the upcoming launch of futures on the Latin American benchmark index MSCI Brazil as the firm addresses growing demand for investment and trading instruments focused on the LatAm region. The derivatives arm…
Neobank Jupiter Raises $45 Million in Series B
India-based neobank, Jupiter, has raised $45 million in a Series B funding round which was led by Brazil-based Nubank, Global Founders Capital, and Matrix Partners India along with other investors as well. It shows the…
Banco BS2 Merges with WEEL Fintech to Create…
BS2, a digital bank in Brazil that leads efforts to digitize banking in that country, has announced the acquisition of the Israeli fintech, WELL. This merger is expected to push the efforts to BS2 to…
221th Meeting of the Monetary Policy Committee (“Copom”)…
The Copom unanimously decided to maintain the Selic rate at 6.50% p.a. The following observations provide an update of the Copom's baseline scenario: Recent data on economic activity came in below expectations. Nevertheless, the Brazilian…
Basel Committee discusses policy and supervisory initiatives and…
The Basel Committee on Banking Supervision met in Basel on 27-28 February to discuss a range of policy and supervisory issues, and to take stock of its members' implementation of post-crisis reforms. At its meeting,…
We Are Building a New Brazil Says Newly…
· Brazil’s economy set to open up under the new administration · Reforms will focus on corruption, taxation and reducing the size of the state apparatus · Watch the session here In a wide-ranging speech, Jair…