The merger of Chile’s Banco de Edwards and Banco de Chile is bound to be good for the banks. But minority shareholders worry that Quiñeco, which controls both institutions, has gotten the better of them.
Category: 2001
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Guatemala’s Solid Sale
Investors view the Central American country as a higher-quality credit when compared to much of the region. This coveted position allowed the sovereign to secure $325 million at 10.25% in November.
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MarketWatch
Inflation Targeting Works Brazil and Chile are both neighbors of Argentina and both have floating exchange rates. Their currencies have suffered heavily from the effects of the crisis next door. […]
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Operating Beneath the Bulge
In the shadows of the heavy hitters, investment banking boutiques aggresively court small corporate and sovereign mandates. Their revenues are modest but they have plenty of work despite the lean Latin American market.
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Overdosed on Debt
Argentina, consumed by excessive borrowing and spending, has discredited itself with investors. Despite another bond swap, only a full rehabilitation of the sovereign’s messy finances can save the country.
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Passing on Plain Vanilla
Emerging market bond investors are demanding the extra security that asset-backed deals provide. Even Latin America’s strongest companies are dusting off the structured financings that saw them through previous crises.
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Santander’s Next Move
The Spanish giant has spent billions of dollars acquiring Latin American assets. But with the stakes so high and global recession to boot, investors are wondering if BSCH’s strategy will pay off.
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Suing Argentina
Now that the end is in sight for Argentina’s agonizing debt crisis, it is time the world financial system think more seriously about two important issues related to the country’s […]
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Tailor-Made Regulation
Virtual organizations can help solve the real problem of bank failures. Canada’s Deposit Insurance Corporation operates as a flexible, multi-tier virtual organization that is scalable to the asset balances under its management.