Financial Centres: São Paulo
Tags: financial center Sao Paulo, Financial Centres, Sao Paulo
São Paulo, the capital of the state of São Paulo, is the largest city in Brazil with over 18 million people in its metro area.Money from coffee exports, once the main activity of the State, boosted industrialization and attracted immigrants from many countries, especially Italy and Japan. Today it is the industrial and financial center of Brasil generating over 30% of the GNP.
São Paulo is the 19th richest city of the world and is expected to be the 13th richest in 2020.The São Paulo Stock Exchange (BM&F Bovespa) is Brazil’s official stock and bonds Exchange. The BM&F Bovespa … Continue Reading