Stay updated with breaking news from Leandro Albuquerque. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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…
(Bloomberg) -- Agricultural powerhouse Brazil is harvesting one bumper crop after another. Yet, growers are going bankrupt at an alarming rate, dealing a blow to investors in the fast-growing $7 billion market for agribusiness funding.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStocks Kick Off Key Inflation Week Under Pressure: Markets WrapThese Are the Best Countries for Wealthy Expats‘Oppenheimer’ Wins Seven Oscars Including Best Picture, DirectorTumbl
The data center migration was carried out in three phases, ending in January with the moving of the servers to the new structure.