The departing head of ABN AMRO in Latin America writes that despite the formidable challenge from international banks in the region, there is still plenty of room at the table for local banks that are able to either imitate the success of larger players or narrow their sights on a particular market or range of products. Futhermore, Floris Deckers says the best measure of any bank’s ability to compete is the value of the services it provides to customers.
Category: 2000
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Codelco’s New CEO Calls for Change
Juan Villarzú, the new head of Codelco, Chile’s state-owned copper mining giant, said the company’s future depends on a successful restructuring. Codelco, which produces 15% of the world’s copper and […]
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Mexico and Venezuela Post Best Performance to Date
Steadily rising oil prices have pushed up Mexican and Venezuelan bond prices since January. However, they are not doing much better than the benchmark EMBI+ index, which has gained 9% […]
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The Long Arm of the Law
New legislation would give the US Treasury more power to contend with countries and banks that launder money and pressure multinational lenders to use their clout to curb the spread of dirty money.
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Andina’s CEO Shift
Jaime Garcia has taken over as CEO at Chilean Coke bottler Embotelladora Andina, replacing Erwin Hahn, who ran the company for four years. This is Garcia’s second tour of duty […]
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Comparing Apples to Apples
This chart shows a linear relation between yield spreads for Latin American debt benchmarks and the default probabilities they imply. This is an arbitrage-free method of […]
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Private Banking Directory to US and International Banks – Part I
ABN AMRO Bank N.V. 200 South Biscayne Blvd., 22nd FloorMiami, Florida 33131-5311Tel: (305) 579-9766Fax: (305) 577-8483Senior Officers: Senior Vice President&Regional Manager: Gustavo RaitzinSenior Vice President: Xonia Diaz ABN AMRO Bank […]
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The Rating Game
Moody’s earlier-than-expected boost of Mexico to investment grade has underscored the more subtle factors at play among rating agencies vying for a piece of the action.
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Anne Milne Goes to Morgan
ING Barings’ perpetually top-rated emerging market debt analyst, Anne Milne, has left the firm to move over to JP Morgan, where she is heading the bank’s Latin corporate research effort. […]