Brazil’s Financial Morning Call for December 26, 2025

Brazil’s financial markets open Friday in thin holiday trading, with the Ibovespa near 160,500 after a strong 1.46% surge on Tuesday reclaiming the 160,000 level amid disinflation and global risk-on flows. Itaú Unibanco’s strategic transfer of retail operations in Colombia and Panama to Banco de Bogotá signals a broader regional banking trend. Banks are increasingly […]