Latest articles from Americas

In defence of unorthodox economic strategies

November 7, 2005

Barbados premier Owen Arthur tells James Eedes what lies behind his economic policies, which he continues to follow against the advice of the IMF.

Banorte: Mexico’s homegrown success

October 3, 2005

Banorte, Mexico’s fifth-largest bank, is doing well under the leadership of chief executive Luis Peña Kegel.Monica Campbell reports from Mexico City.
These days, Luis Peña Kegel, the 45-year old chief executive of Banorte, has reason to relax in his spacious Mexico City office. Talk about a strong year. In the second quarter of 2005, Banorte delivered earnings totalling $192m, a 249% jump compared to the same 2004 period.

KPMG Report: Foreign Bank Branches in Japan

October 3, 2005

Research shows that foreign banks operating in Japan have found the going increasingly tough during the past 12 months while the US prepaid card market goes from strength to strength. Stephen Timewell explains.

Latin America’s search for stability

October 3, 2005

The roller-coaster Latin American banking system could become more stable if potential crises are spotted and dealt with quickly, writes Jonathan Wheatley from São Paulo.
Latin America, it seems, is a region perpetually lurching from one crisis to another.

Global equality begins at home

October 3, 2005

Ending global poverty is each nation’s responsibility – but the global policies also have to be right, says President Ricardo Lagos of Chile.

Banco Hipotecario under suspicion over bonuses

September 5, 2005

Argentina’s National Securities Commission (NSC) has launched an official investigation into 30.9m pesos ($11.3m) of bonus payments made in 2005 to directors of Banco Hipotecario, one of the main mortgage lenders in the country.

Bolivia’s ticking time bomb

September 5, 2005

Despite Bolivia’s political and social upheaval, its financial sector has remained relatively stable. But, as Jaime Dunn De Avila writes from La Paz, the loan system has some fundamental flaws that need addressing.

Micro-finance travels fast in a poor country

September 5, 2005

Amid economic and political turmoil, Haitian banks have woken up to the fact that micro-finance is an essential part of business, reports Michael Deibert in Port-au-Prince.

Argentina attempts to stem speculative inflows

August 1, 2005

The argentine authorities are introducing capital controls on speculative inflows even though Chile abolished its controls in 2001 amid controversy over their effect.

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