The government has introduced broad changes to Mexico’s securities legislation to give minority investors greater rights.
Category: Web Articles
New Rules, Few Takers
Brazilian retirement funds are finally being made publicly accountable.
Towards a Fairer game
Antitrust legislation has evolved rapidly in Latin America in recent years and continues to adapt to the region?s every changing market conditions. There is still work to be done but there is now a sense of inevitability about its application across the region. From Chile to Mexico the process is pushing ahead.
Finding a Home?
A new phase of securitization in Latin American is beginning, slowly. While cross-border future flow transactions are still the bulk of the region?s asset-backed financing, more and more jurisdictions are laying the legal groundwork to allow a greater level of mortgage-backed financing. Brazil and, especially Mexico, are building up primary and secondary mortgage markets. Colombia, and to a lesser extent Chile, are also developing mortgage markets though neither country has yet logged significant transactions. Argentina was Latin America?s pioneer and leader in this area of finance but the economic crisis has stunted securitization activity.
Not Much of a Safe Haven
The Mexican Stock Exchange has performed well this year, beating the US markets. However, its future is in the balance as it struggles to maintain trading volumes and liquidity.
Turning on the Credit Supply
Interest rates and inflation are falling. That should have a positive impact on bank lending and the capital markets.
Finessing Brazil’s fiscal balance
The push for prudent fiscal management is on, but will Brazil’s voracious spending overwhelm it?
Oil Rich, Cash Poor
Mexico’s state-owned oil company generates billions of dollars in revenues, but cannot afford to invest in its own future. The government is trying to convince Congress to allow private-sector investment in the oil, gas and power industries.
Value, profits and access
With strong capitalization and strong returns, Roberto Setúbal is building Banco Itaú’s clout in the capital markets
An Essential League
League tables have long been prized by investment bankers for pitching business to governments, public and private companies. Occasionally they are scorned as tools for marketing to the uninformed. But […]
