Latin America Archives

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News

Newsmakers: Potential Lula Successor Clears Legal Hurdle

Brazil Antonio Guerrero Palocci: Stillfacing more corruption allegatio ns Former Brazilian finance minister Antonio Palocci has won a political victory after the country‘s Supreme Court dismissed charges that he violated bank secrecy laws. The ruling could put Palocci, ...

Award Winners

WORLD’S BEST BANKS 2009

Istanbul, October 6th, 2009 – Global Finance magazine hosted its thirteenth annual Best Bank Awards ceremony on October 6th, 2009,...

Award Ceremonies and Events

WORLD’S 50 SAFEST BANKS 2009

With bank stability still high on corporate and investor agendas, Global Finance magazine publishes in the October 2009 issue its...

Award Winners

THE WORLD’S BIGGEST BANKS 2008

Rank Name Country Fiscal Year Total Assets ($b) 1 Royal Bank of Scotland Group United Kingdom 12/2007 3,807 2 Deutsche...

Award Winners

BEST EMERGING MARKET BANKS 2009

REGIONAL WINNER Standard Chartered COUNTRY WINNER Algeria Arab Banking Corporation Algeria Angola BES Angola Botswana Standard Chartered Bank Botswana Cote...

Award Winners

BEST INTERNET BANKS IN LATIN AMERICA 2009

NEW YORK, July 21, 2009 Global Finance has announced the First Round winners in the World’s Best Internet Banks competition...

News

Newsmakers: Kirchners Face Uncertain Future

ARGENTINA By Antonio Guerrero Kirchner: May have to rein in her populist agenda When Cristina Kirchner won Argentina's 2007 presidential election, she was taking over the office held since 2003 by her husband, Nestor Kirchner. Observers speculated the ...

Banking

Features: Profiting From Prudence

Despite a recent drop in profits amid the country's economic slowdown, Brazilian banks are poised for long-term growth. By Antonio Guerrero Amid a turbulent global market, Brazil's banking and financial sector is proving remarkably resilient. A stringent regulatory environment, strong ...

Emerging & Frontier Markets

Regulars : EM Roundup Brazil

The latest news from Brazil. Just three years after acquiring Brazil’s Banco Pactual investment bank for some $2.5 billion, UBS is selling the bank back to its previous owners for roughly the same amount. By Antonio Guerrero The ...

Emerging & Frontier Markets

Regulars : Milestones : Latin American

Latin American markets are feeling the global financial pinch, and ratings agencies are taking notice, with downgrades soon to follow. By Antonio Guerrero Standard & Poor’s downgraded El Salvador from BB+ to BB last month, and it seems ...

Emerging & Frontier Markets

Regulars : Newsmakers : Panama

The election of a pro-business leader in Panama now makes president-elect Ricardo Martinelli a member of the somewhat lonely club of Latin American right-wing leaders, in which the only other member is Colombian president Alvaro Uribe. By Antonio Guerrero ...

Emerging & Frontier Markets

Corporate Finance : Brazil’s appetite for power grows

Brazil needs to boost its electricity-generating capacity by 50% in the next 10 years to keep pace with growing demand for power, according to the country’s energy minister, Edison Lobão. Electrobrás, the state-controlled power holding group, is building an integrated ...