New York, September 23, 2015 -- Moody's Investors Service has today upgraded Haitong Banco de Investimento do Brasil S.A. (Haitong Brazil)'s long-term Brazilian national scale deposit rating to Baa3.br from Ba2.br; and the short-term Brazilian national scale deposit rating to BR-3 from BR-4. At the same time, Moody's revised the outlook for all of Haitong Brazil's long-term global scale ratings to positive from developing. In addition, Moody's affirmed the bank's baseline credit assessment (BCA) of b2; the long-term global local- and foreign-currency deposit ratings of B2; the senior unsecured MTN program (foreign currency) rating of (P)B2; and short-term global local- and foreign-currency deposit ratings of Not Prime.
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