Progress in cleaning up offshore financial centres should be driven by international jurisdictions not the leaking of documents.
Latest articles from Americas
Virtu Financial seems to have overcome the controversy surrounding high-frequency trading to achieve growing acceptance as an alternative market-maker at a time when bank dealers are shrinking. The company's senior vice-president, John Shay, explains its strategy.
With low economic growth and high interest rates denting the appeal of Latin America’s infrastructure to lenders and investors, Silvia Pavoni looks at how infrastructure finance in the region will be affected.
Large Canadian banks are facing a rise in impaired loans – with the exception of TD Bank – because of the oil and gas slump, with Scotiabank having the largest exposure to the sector and the Bank of Montreal the smallest.
Brazil’s banks have long experience of steering through choppy financial waters and were able to anticipate the country’s current difficulties with a range of pragmatic and forward-looking measures that have rewarded them with increased profits in a shrinking economy.
Economic difficulties and low commodity prices are forcing Latin America into a new age of pragmatism, as populist policies fall out of favour amid stagnant living standards, and worries emerge about the region's reliance on Chinese investment.
The Dominican Republic has forged its international reputation around tourism, but its diverse economy is bringing in investment in sectors as varied as telecommunications and textiles, while the country's president is setting to work on educational standards. Key players from the Dominican Republic discuss the country's promise in a Leadership Series roundtable discussion that was sponsored by BanReservas and independently written by The Banker.
The Bahamas' ability to create investment products quickly in response to clients' specific needs gives it an advantage as an international financial centre, though greater communication efforts may be needed to convince its critics regarding the country's compliance with international regulation. The discussion was sponsored by the Bahamas Financial Services Board, Equity Bank and Trust, Deltec and the Bahamas Ministry of Financial Services and independently edited by The Banker.