Is your money safe, or is it in a bank? The bad joke doing the rounds in the US says as much about the financial cataclysm – laugh, or you will cry –as it does about how risk globally is being radically reassessed.
Author Archives: LatinFinance
Posted inDaily Brief
Corporate Stress
With such intoxicating momentum inflating the region, talk of corporate distress is about as popular as an Argentine at a German bondholders’ cocktail party. But a significant amount of LatAm […]
Posted inMagazine
Vale Losing Iron Grip
Vale’s monopoly on Brazilian iron ore supplies is coming to an end as new projects come on stream. Marginal ventures may be caught in the crosshairs of a market downturn.
Posted inDaily Brief
The Great Unbanked
The mountain of cash piling up outside the Latin American financial system is as large as the opportunity it represents for retail banking, which feeds into the virtuous macro cycle. […]
Posted inMagazine
Corporates on the Rise
LatinFinance recently surveyed 128 investors representing $510 billion in assets under management to find out what, among other things, are their top picks in the corporate sector for 2008. The […]
Posted inMagazine
El-Erian Goes Home to Pimco
EM investment guru Mohamed El-Erian is set to return to his former employer, Pimco, after little over two years running Harvard University’s $35 billion endowment. He is set to become […]
Posted inDaily Brief
Monopoly Money
The US dollar is going down, taking Latin America with it. The rout exposes a disturbing complacency in the region, which has a lot to lose from further currency moves. […]
Posted inDaily Brief
All Dollars, No Sense
The risk reward is all out of whack. Yet foreign investors continue to hurl cash into Latin America, whose markets are bubbling over. Chief financial and public credit officers have […]
Posted inDaily Brief
Barclays Capital Appoints Director Of Latin America Corporate Trading
Barclays Capital, has appointed William Murphy as a director of Latin America corporate trading. Murphy, who comes from Libertas Partners, has 15 years of experience trading the region’s corporate debt at Bear Stearns, Deutsche Bank, ING Bank, and DebtTraders. He will report to Diego Gradowczyk, managing director, head of Latin America credit and rates, and EMEA credit trading.
Posted inDaily Brief
Size Matters
Brazilian iron ore monolith CVRD asked banks for $18 billion to buy Canada’s Inco and was swamped with commitments. This standing ovation for the biggest ever bridge financing from a […]