Even a checking account may be taxed. The measure still needs to be approved by Congress and may undergo changes.
Negative flows continue to hit cross-border Brazilian funds in first quarter
May 28, 2023 by
Despite USD 1.7 billion exited domestic mutual funds that invest in cross-border instruments, distributors see growing interest in international diversification.
Offer of global ETFs in Brazil widens amid strong investor response
March 12, 2023 by
The heads of the ETF business at JP Morgan, BlackRock and Global X boasted about the positive outlook for so-called "BDRs of ETFs" in Brazil.
AllianceBernstein taps seasoned pro Bruno Stein to lead its Brazil expansion
July 22, 2021 by
In his few short weeks with AB, Stein, formerly with BlackRock and Itaú, has been taken aback by the sudden interest in global exposure among Brazilian investors.
Stein resurfaces at Itaú Unibanco
September 29, 2016 by
Bruno Stein will be responsible for the commercial areas of the giant bank's retail and high-net-worth (wealth management) segments. He left BlackRock in March 2016 after nearly six years in a pioneering role for the company.
