Brazilian Banks Following the Money, Out of Brazil
Post on May 8, 2015, 1:45 pm by the-victoria-law-group 0 Comments
The Great Brazilian Diaspora is afoot. If you’re a Brazilian with money, you don’t like or trust Dilma. Brazilians are fleeing to parts all over the world, Japan, Portugal, England, and of course, Miami. Wealthy Brazilians looking to escape recession, corruption scandals, political unrest, and various other ailments have long made Miami their destination of choice. Now some of Brazil’s biggest banks are seeing the allure as well, buying local banks, opening local branches, and spreading their footprint as far and wide as they can.
Read Cristiane Lucchesi’s Bloomberg article here:
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