Banking
Scotiabank Pullback Signals Global Banking Shift Away From Latin America
With its exit from Central America and Colombia, Scotiabank follows the trend of international banks retreating amid rising compliance costs...
Author: Nic Wirtz
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Banking
CIBC Completes Asset Sale In The Caribbean
After more than three years, CIBC Caribbean wrapped up its segment of a groupwide efficiency drive last month with the...
Economics, Policy & Regulation
El Salvador Alters Bitcoin Policy
El Salvador’s heralded adoption of Bitcoin as legal tender appears to be undergoing a significant downgrade as businesses are no...
Banking
Banco Davivienda Gains Slice Of Scotiabank’s Operations
Banco Davivienda has taken over Scotiabank’s operations in Colombia, Costa Rica and Panama in exchange for a 20% stake in...
Economics, Policy & Regulation
EU And Mercosur Agree On Trade Partnership
The European Union and four Mercosur Countries—Argentina, Brazil, Paraguay and Uruguay—have agreed to a bilateral trade deal in principle. Following...
Award Winners
World’s Best Private Banks 2025: Caribbean & Central America
Banking app adoption rises by more than 50% in some markets. Banking in Central America and the Caribbean continues consolidating,...
Economics, Policy & Regulation
Mexico: New President Pledges To ‘Fix’ Pemex
Mexico’s new President Claudia Sheinbaum announced measures last month to steady the finances of the state-owned oil company Pemex, which...
Banking
Davivienda Considers Assets Of Scotiabank In Colombia
Banco Davivienda of Grupo Bolívar is reportedly working on a deal with Scotiabank for their Colombia and Central America assets....
Economics, Policy & Regulation
El Salvador: Historic Debt-For-Nature Swap
El Salvador took advantage of September’s bumper national debt sales to refinance its external debt through a special purpose entity...
Technology
Mexico: Banking Beyond Brick And Mortar
Mexican fintechs eye a piece of the nearshoring pie. Mexico continues to post record numbers for many of its economic...
Economics, Policy & Regulation
Latin America: Getting The Development Formula Right
Governments in Latin America and the Caribbean are kick-starting infra-structure projects, hoping to join the nearshoring boom. But corruption and...
Banking
Mastercard Seeks Caribbean Fintech Partners For New Products
Mastercard has issued a call to action for financial technology companies to solve financial issues in the Caribbean. In return,...