Brazil’s economy grew less than expected in the first quarter ahead of an expected downturn later this year, another setback to President Jair Bolsonaro as he readies his re-election bid.
Eric Cardozo, co-founding partner, COO and CFO of Brazilian private banking boutique WHG, talks to Euromoney about quitting a mainstream firm in 2020 and why more private bankers in the country seem to be following suit.