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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...
Latin America
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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 ...
Emerging & Frontier Markets
Emerging Markets : EM ROUNDUP Brazil
Citing Brazil’s prudent economic policies, Standard & Poor’s affirmed the country’s BBB- investment-grade rating with a stable outlook. In its rationale, S&P; said Brazil’s low investment-grade ratings are supported by the government’s ongoing commitment to prudent macroeconomic policies. S&P; expects ...
Emerging & Frontier Markets
Newsmakers : Mexico first to tap IMF credit line
Mexico becomes the first country to tap IMF credit line;and risk management remains undervalued by money managers. Concerned about a weakening peso and possible 2010 fiscal gap, Mexico has turned to Washington for assistance for the first time since its ...
Emerging & Frontier Markets
Emerging Markets : Brazil
Brazil's air force is helping finance Embraer's $500 million development program for a new military transport plane. Following Brazil’s recent credit boom, banks are starting to face increased customer arrears. A research report from BB Investimentos, a division of Banco ...
Emerging & Frontier Markets
Emerging Markets : First Colombian ETF Trades On Nyse Arca
NEWS The first exchange-traded fund that seeks to replicate the performance of the 20 most-liquid securities in the Colombian market has begun trading on NYSE Arca, an all-electronic US trading platform. Global X Management, a New York-based asset ...