Valor Econômico Brazil Reports On Oliver Wyman And Morgan Stanley Report
May 17, 2020
Valor Econômico, Brazil’s main Business and Financial newspaper, covered our annual joint report with Morgan Stanley, titled Steering Through The Next Cycle.
The article highlighted that global wholesale banks risk seeing their annual earnings wiped out by the coronavirus crisis, comparing the outlook for the potential scenarios of this vs. impact of previous crises. It also discussed particular dynamics of Brazil’s market, including the importance of credit availability to prepare for the recovery, and that there may be a new wave of consolidation in the industry.
Read the full article here.