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Brazil looks to controls

New legislation in Brazil on banking systems and controls has triggered a flood of sales from large accountancy firms and specialist service providers. John Rumsey looks at the new rules and how Brazilian banks are responding

Re-evaluating valuation

Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…

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