Latin America Archives

Join the global community of corporate and public-sector finance industry leaders reading Global Finance monthly in print.

Click Here

Capital Raising & Corporate Finance

OIL-RICH VENEZUELA FORCED TO IMPORT CRUDE

Venezuela | Milestones Venezuela, home to the world’s largest oil reserves at 298 billion barrels, is having a tough time getting the stuff out of the ground.

Banking

ARGENTINE GOVERNOR MAY FURTHER DILUTE CENTRAL BANK INDEPENDENCE

Newsmakers | Argentina Argentine president Cristina Fernández de Kirchner in early October triggered the resignation of the head of the country’s central bank, Juan Carlos Fabrega, by criticizing him for not reducing manipulation of the country’s currency. His replacement, Alejandro Vanoli, formerly the head of the country’s securities regulator, CNV, doesn’t look likely to set Argentina on a better path.

Economics, Policy & Regulation

COLOMBIA TO JOIN OECD

Milestones | Colombia The Organization for Economic Cooperation and Development (OECD) is a relatively small club of 34 countries. It seeks long-term social and economic development through data collection, analysis and discussions.

Capital Raising & Corporate Finance

REGION REMAINS A SWEET SPOT FOR PRIVATE EQUITY

MILESTONES | LATIN AMERICA In Latin America, the outlook for private equity and venture capital remains bright. Despite a 10% fall in investments during the first half of 2014, local and global players increased the amount of funds raised.

Capital Raising & Corporate Finance

ARGENTINE DEFAULT: BETTER THE SECOND TIME

ARGENTINA The aftermath of Argentina’s so-called default on July 31 doesn’t at all resemble the catastrophe accompanying its earlier default in 2002, when the country was unable to repay $100 billion of debt and the economy collapsed, costing millions of jobs.

Award Winners

BEST INTERNET BANKS 2014 ROUND 1

In this first installment of a two-part series, Global Finance identifies the top online corporate and consumer banks by country and then by region, according to product or service category.

Economics, Policy & Regulation

BRAZIL: ROUSSEFF WANTS SECOND TERM, SECOND CHANCE

BRAZIL Brazilian president Dilma Rousseff will be running for a second term in October, and if she can keep her momentum going, there’s a good chance she’ll win.

Banking

COULD PANAMA BE A GLOBAL MONETARY POLICY MODEL?

TRENDS | SNAPSHOT: PANAMA

Banking

ECUADOR TO LAUNCH ITS OWN “BITCOIN,” BANS RIVALS

TRENDS | DIGITAL CURRENCIES Ecuador is gearing up for the launch of a new digital currency that will go into use as early as October alongside the US dollar, the country’s official tender.

Capital Raising & Corporate Finance

COLOMBIA’S ECONOMIC SUNNY SKIES MAY CLOUD OVER

COLOMBIA Juan Manuel Santos’ second term as president of Colombia might prove a bit harder than his first—and not only because he won this election with a lower majority.

Banking

A NEW SUNRISE FOR SPAIN?

COUNTRY REPORT Although the hardships are far from over, the Spanish economy and banking system may finally be on the mend, with three components interrelating in a virtuous cycle: rebounding exports, rising consumer confidence, and a commitment to reform geared toward economic adjustments.

Features

NOT FOR THE FAINTHEARTED

SPECIAL REPORT: LATIN AMERICAN INVESTMENT BANKING Small, but quite competitive, Latin America’s investment banking markets are upbeat this year, driven mainly by infrastructure growth.