04/20/2022
On the one hand, there was a scenario that benefited them with FX rates going down and on the other hand interest rates are so high [in Brazil] that clients right now do not want to stay on the local fixed income side.’
04/20/2022
The firm said that it is in talks with multiple parties, including real estate firm Dexus, regarding the potential sale of the assets and businesses of the unit.
04/18/2022
As the bank improves in all these areas, Long is confident the institution is readying itself for a focused, productive and profitable future.
04/14/2022
During the quarter, the unit’s assets under management (AuM) rose 4% to $3trn, on the back of cumulative net inflows and higher market levels.