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JPMorgan Reshuffles Brazil Bank Ratings as Agribusiness Risks Rise

JPMorgan Chase adjusted its ratings for Brazil's largest banks on October 6, 2026, downgrading state-run Banco do Brasil and upgrading private lender Bradesco.

By Diane Cole

Published Oct 6, 2026, 9:26 PM UTC

JPMorgan Reshuffles Brazil Bank Ratings as Agribusiness Risks Rise — Illustration — BRZ.news

JPMorgan Chase adjusted its ratings for Brazil's largest banks on October 6, 2026, downgrading state-run Banco do Brasil and upgrading private lender Bradesco.

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