Barclays downsizes Brazil team

Barclays downsizes Brazil team


More Barclays bankers have left the bank’s New York and Sao Paulo offices, LatinFinance understands, as the institution is thought to be downsizing its operations in Latin America’s largest economy. The departures come after the bank’s Brazil equities head Ricardo Lanfranchi moved to HSBC and equities analyst Francisco Navarrete moved to Brasil Plural, both last year. Barclays is said to be focusing its LatAm efforts on Mexico as investors become increasingly disillusioned with Brazil, which has

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