Banking – Brazil – Right on cue, BNDES size, subsidy issues take political turn
As predicted by BTG Pactual CEO Andre Esteves earlier this month, the issues surrounding the size and subsidization of Brazilian development bank BNDES have taken a distinctly political turn, as critics of the bank are dismissed by some government officials as politically motivated, Marcio Nakane of consulting firm Tendencias told BNamericas. “Sometimes it seems like [...]