trending Market Intelligence /marketintelligence/en/news-insights/trending/NCFhCK7VmcYravW1azCqsg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Report: Brazilian banks, government members urging easing capital requirements amid rising corporate default threat

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory

Report: Brazilian banks, government members urging easing capital requirements amid rising corporate default threat

Brazilian banks and government members are urging to ease capitalrequirements to banks amid the rising default threats from large local companies, O Estado de S. Paulo reported April 10.

Debt from Brazil's 15 largest companies, excluding Petrobras,has reached 50 billion Brazilian reais and the amount rises to 150 billion reaisif financing abroad is included, the report said.

The idea is to have the central bank ease capital requirementswith the condition that such amounts will be allocated to refinancing lines of creditin order to allow indebted companies to redeem securities issued abroad, the publicationnoted.

Another measure being discussed is alleviating BIS requirements,but this idea faces resistance from the regulatory authority.

The goal is to prevent big companies — especially the ones probedin Brazil's Lava Jato corruption inquiry— from becoming delinquent, as it could trigger a mini banking crisis, especiallyamong midsized banks, the publication noted.

Most of the largest financial institutions in the country havealready set up an orchestratedapproach to default in those debts.

As of April 8, US$1 wasequivalent to 3.63 Brazilian reais.