Spain’s Santander Central Hispano began merging its two Chilean banks in August 2002 to form the country’s largest bank in terms of assets, deposits, loans and equity. The new bank, […]
Category: 2003
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Staying at Home
Banco de Comercio de El Salvador, the fourth largest bank in El Salvador, has transformed itself from a small commercial bank into the country’s most profitable commercial and retail bank […]
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Still Standing Proud
Rio de Janeiro-based Banco Pactual is one of the few standalone investment banks left in Brazil. Its survival during the economic upheavals and takeover mania of the last few years […]
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Defending the Home Turf
It hasn’t been easy for home-grown investment banks to defend their turf against Wall Street’s finest. However, in Chile, which has one of Latin America’s most developed domestic bond and […]
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The Bank That Could
BBVA Banco Continental, Peru’s second largest bank, is beginning to catch up with its fiercest rival, Banco de Crédito del Perú. Although locally-owned BCP is the country’s largest bank, Continental […]
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Exclusive Interview with Itaú BBA
Read this exclusive interview with senior executives at the newly-formed Itaú BBA. ONLY ONLINE.
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The Price of Reelection
President Hipólito Mejía wants to step up public spending and win reelection. But a banking crisis, ballooning budget deficits and a collapsing currency have ended the country’s outstanding growth.
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A Gamble, Then Hard Work
Seven years ago, Canada’s Scotiabank took a 10% stake in Inverlat, a Mexican bank laid waste by the 1995 peso crisis. It paid the government, which had taken over Inverlat, […]
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Finally Paying Off
It’s been a long, hard and sometimes thankless slog, but Santander Central Hispano’s efforts to build a Latin American retail banking franchise are paying off. Santander now operates some of […]