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. […]
Category: 2001
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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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Banco Santiago Divides and Conquers
Carlos Olivo Banco Santiago’s reign as Chile’s largest bank recently ended with the merger of smaller rivals Banco de Chile and Banco de A. Edwards. But the rankings may shift […]
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So long, Farewell Aerolineas
The Argentine national airline is in private hands, 11 years after it was privatized. But nobody is saying what the new owners paid for one of Latin America’s worst airlines.
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Banco Wiese Readies Itself for Recovery
Eugenio Bertini Peru is only slowly recovering from a battering of several years of political turmoil, stalled economic restructuring, global and regional recession, a commodity price slump and the worst […]
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The Local Latin Leader
Banco Itaú consistently makes more money than any other domestically owned bank in Latin American , and is ready and able to resist the advance of US and European players.