Latest articles from Americas

Peru and Brazil field rivals for IDB presidency

July 4, 2005

Two main candidates are lining up to replace Enrique Iglesias as president of the Inter-American Development Bank (IDB), the biggest multilateral development bank in Latin America. Mr Iglesias, who has held the position since 1988, has decided to step down at the end of September.

Legal drama unravels debt exchange scheme

June 6, 2005

Argentina’s debt exchange plan is in limbo after a court froze Argentine assets on US soil, including $7bn worth of bonds. Sophie Roëll reports from New York.

Basel II impact study threatens to derail accord start date in the US

June 6, 2005

Implementation may be delayed again as the Americans say the changes in minimum required capital are too wide-ranging.

Bankers on tenterhooks over trade agreement

June 6, 2005

Banks will benefit from CAFTA if it goes through, as it will increase trade among the member countries but there is considerable political opposition, both in the US and some Central American states.Monica Campbell reports from Honduras.
San Pedro Sula, an industrial hub in Honduras, looks like an average Central American mid-sized city. Diesel-belching buses – mostly filled with workers, many of whom are young and female – dodge potholes while heading to nearby garment factories.

Brazil profits from the ‘China syndrome’

May 2, 2005

As China’s growth continues apace, Jonathan Wheatley reports from São Paulo on how Brazilian banks are moving into the market there and agreeing joint ventures at home.

Deutsche rides on wave of euro deals

May 2, 2005

Deutsche Bank’s successful euro issuance for Brazil helped the dollar market to rally, setting the stage for it to do subsequent dollar and euro deals for a diverse range of issuers. Sophie Roell reports.
The Greeks may have won Euro 2004 but the Germans are firmly in the lead when it comes to euro issuance out of Latin America.

Sustainability question hangs over good record

May 2, 2005

While Latin America’s financial leaders celebrate the region’s growth, analysts warn that reform momentum must be maintained. James Eedes reports from Okinawa.

Argentina’s record debt swap may not be over yet

April 4, 2005

ARGENTINA could re-open its debt exchange to the 24% of investors who rejected it, once the country’s Congressional elections in October are over.

Mexico’s credit card market speeds up

April 4, 2005

Credit cards are becoming more popular in Mexico but banks have barely scratched the surface of the potential customer base. Monica Campbell reports from Mexico City on how lenders are grabbing a share of this huge market.
While Mexicans do not yet face the blizzard of credit card deals seen in wealthier nations, the credit card culture there is catching on fast and commercial banks are jockeying to get their share of the action.

Banking reform will reinforce recovery

April 4, 2005

Uruguay is bouncing back from the economic downturn caused by its over-reliance on Argentina. Tighter banking supervision will be key to maintaining the country’s growth. Jason Mitchell reports from Montevideo.
Uruguayan authorities need to tighten banking supervision if the country is to regain its reputation as a sound financial centre.

By continuing to use this site you consent to the use of cookies on your device as described in our cookie policy unless you have disabled them. You can change your cookie settings at any time but parts of our site will not function correctly without them.