Brazilian retail banking and the 2008 financial crisis: Were the government-controlled banks that important?

The impact of market power at bank level in risk-taking: The Brazilian case

“…Pereira and Maia-Filho (2013) analyze Brazilian banks' behavior during the Global Financial Crisis and the policies applied to mitigate risk during the crisis. This paper examines the effects of the government control over two of the largest banks in the Brazilian banking industry during the crisis.…”