Junk bonds have suffered badly since the start of June, with investors being quick to sell off what is one of the riskiest fixed-income asset classes. But bankers point to the market’s underlying strengths and insist it will only get bigger in the long term. 

Deep uncertainty over sovereign debt exposures and new regulation has locked many banks out of the senior unsecured funding markets, leading to a frantic search for solutions.

São Paulo's rise to become the leading international financial centre of Latin America over the past decade has been impressive, but this has not stopped other cities in the region carving out their own financial niches. 

Agustín Carstens, central bank governor of Mexico suggests that central banks must play a more pivotal role in order to prevent such a widespread and deep-rooted crisis hitting again.

Paraguay is being as careful with its economic resources as it has been with its natural resources. Professionals from the public and private sector discuss the advantages of this prudent strategy and the potential for further growth in the country.

Brazil may be the world’s seventh largest economy in terms of gross domestic product, but its legislation and taxation policies, not to mention its infrastructure, still needs a lot of work if the country is to realise its full potential.

Peru's central bank governor, Julio Velarde, explains that with increasing levels of private investment, there is potential for further growth in the country.