Morgan Stanley starts a venture to grow in Brazil

Alessandro Zema has just assumed the presidency of Morgan Stanley in Brazil with the objective of expanding the areas of action of the American bank in the country. One of the contractors will be a part of the structured lending market. This year an operation has already been carried out with this profile, with the use of the bank's own capital. For these transactions, the bank targets loans that can go from US $50 million to US $250 million. In addition, the bank left in front of other subsidiaries and joined the areas of fixed and variable income trading, under the responsibility of Tiago Pessoa. The focus is the gain, significant, of synergies with this merger. Among the other banks in Brazil, this experience is also unprecedented. Demand On account of the interest already identified in the Brazilian market, another goal of Morgan Stanley will be to bring products offered by the global Asset (manager) of the bank to Brazil. Soon, these funds will be offered on the distribution platforms that already exist in the market. Slice Morgan Stanley's strategy in Brazil will also increase the participation of Brazilians in their offshore platform (overseas). The American bank is today the second largest wealth manager in the world, with US $2.5 trillion under management.