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BofA Cools on Brazil and Shifts Bets to Chile and Colombia
Bank of America has trimmed its Brazil bet and shifted toward Chile and Colombia, after a worse rate outlook removed a key support for Brazilian assets.
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Timeline cronologica
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Fitch Cuts Outlook on Brazil's Banks to 'Deteriorating'
Fitch cut its outlook on Brazil banks to "deteriorating" from "neutral," citing weaker asset quality and political risk, alongside Colombia and Mexico.
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BofA Cools on Brazil and Shifts Bets to Chile and Colombia
Bank of America has trimmed its Brazil bet and shifted toward Chile and Colombia, after a worse rate outlook removed a key support for Brazilian assets.