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Ex-Banker Fixing Americanas' $5 Billion Fraud Aims For 'Equally Distributed' Pain

(Bloomberg) -- In a conference room of the run-down headquarters of Brazilian retailer Americanas SA, Camille Loyo Faria agrees that the office has seen better days.Most Read from BloombergBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityZuckerberg Asks for Patience as Meta’s AI Push Spooks InvestorsMeta’s Miss Sparks Fears in Tech With More Earnings AheadTaylor Swift Is Proof That How We Critique

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3G Capital quietly exited its Kraft Heinz investment last year

3G Capital, which helped to engineer the Kraft Heinz merger, had seen its influence at the company wane.

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Jorge Paulo Lemann Says Trying to Save Americanas After $5 Billion Fraud

Jorge Paulo Lemann Says Trying to Save Americanas After $5 Billion Fraud
bloomberg.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloomberg.com Daily Mail and Mail on Sunday newspapers.

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The 10 Richest People In Latin America 2024

The region’s richest billionaires include a telecom tycoon, a mining magnate and a cofounder of Facebook.

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Here's Why Alibaba Group Holding Limited (BABA) Detracted in Q4

Artisan Partners, an investment management company, released its “Artisan Select Equity Fund” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. In the fourth quarter, Investor Class: ARTNX returned 12.84%, its Advisor Class: APDNX returned 12.92%, and Institutional Class: APHNX returned 12.88% compared to S&P 500 Index’s 11.69% return. In addition, […]

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Forbes 200 richest people in the world: Their nationality, business

International business magazine, Forbes on Tuesday unveils the list of 200 richest people in the world as at March 8, 2024.

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Jorge Paulo Lemann's Hedge Fund 3G Is Betting On These Stocks

In this piece, we will take a look at Jorge Paulo Lemann’s stock portfolio. If you want to skip our overview of Lemann, his firm, and the latest news revolving around 3G Capital, then you can skip ahead to Jorge Paulo Lemann’s Hedge Fund 3G Is Betting On These 5 Stocks. Jorge Paulo Lemann is […]

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Jorge Paulo Lemann's Hedge Fund 3G Is Betting On These 5 Stocks

In this piece, we will take a look at Jorge Paulo Lemann's stock portfolio.

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High delinquencies spell trouble for Brazil's fintechs | Giovanna Bellotti Azevedo & Cristiane Lucchesi

Brazilian fintechs are getting hit by a wave of defaults on loans they made to customers that the nation’s bigger, legacy banks wouldn’t touch, causing risky layers of an asset-backed credit market to collapse. The companies, which include Goldman Sachs-backed Open Co and Nexoos, are seeing delinquencies on some of…

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Brazil's Americanas releases delayed 9-month results

Brazilian retailer
Americanas on Monday released its results for the
first nine months of 2023 after multiple delays, dubbing the
year the most challenging of its history in light of a...

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