Fight For Top Position To Drive Brazilian Banking M&A

Consolidation will continue in Brazil's banking sector as state-controlled Banco do Brasil works to once again become the market leader. CFW reported three weeks ago on the US$17.7bn merger between Banco Itaú and Unibanco, which created the largest bank in Brazil, with 21.5% on the nation's deposits, and bumped Banco do Brasil out of the top spot.

To read the full article, please choose one of the following options: