Tuesday, January 22, 2013

Investopedia: Brazil's Growing, But That May Not Help Banco Bradesco Enough

There's no question that Brazil remains a popular emerging/developing market for international and global investors. Unfortunately, it's all too common for long-term macro calls ("buy Brazil") to have only passing relevance to particular sectors or companies. In the case of Brazilian banks such as Banco Bradesco (NYSE:BBD), lower interest rates hold the potential for compressing net interest margins and bank profit/return on equity (ROE) growth just as we've seen lately in the United States. While investing money in Brazil may make sense today, Bradesco is not looking like the best means of going about it.

Continue reading here:
http://www.investopedia.com/stock-analysis/2013/Brazils-Growing-But-That-May-Not-Help-Banco-Bradesco-Enough-BBD-ITUB-BSBR-BAC0122.aspx

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