U.S. banks stand to benefit from the economic turbulence in Brazil, according to major banks operating there.

"We don't believe we will be negatively affected, and this could well mean increased opportunities for us," said Brian D. O'Neill, managing director and head of Latin American operations for Chase Manhattan Corp.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.