Regulators’ attempts to crack down on illicit activities are pushing foreign banks out of correspondent relations or entire Latin American and Caribbean markets. Silvia Pavoni looks at what the long-term impact of this will be on the region’s international banking activities.
Latest articles from Silvia Pavoni
Shanghai still leads Asia-Pacific FDI
September 27, 2015Bangalore climbs the rankings while Beijing falls, and Seoul is first in outward investment.
Latam de-risking: fresh ideas wanted
September 27, 2015Banks’ response to regulators attempts at reducing risk are having the opposite effect in Latin America.
London stays on top of IFC tree
September 1, 2015In The Banker's ranking of the world’s international financial centres, London continues to lead over close rival New York, but competitors from China and Japan are rising through the ranks.
Is Mexico ready to embrace mobile banking?
September 1, 2015The low levels of penetration in mobile banking in Mexico are matched by underwhelming financial inclusion figures. Could a rise in the former bring about an improvement in the latter? Silvia Pavoni investigates.
London tops western Europe FDI tables
August 2, 2015The UK capital leads in both inflows and outflows of FDI among western European IFCs, while Madrid, Milan and Dublin show strongly.
Trinidad and Tobago banks continue to lead Caricom ranking despite oil price hits
August 2, 2015Weak economic growth has lowered profitability across the Caribbean Community and Common Market, but the strong Trinidadian banking market and good results elsewhere offer some good news in the region.
Are robo-advisors stealing wealth managers' clients?
August 1, 2015Enormous progress is being made in the field of artificial intelligence, and the practical implications of this new technology are being felt in many areas of finance, but especially in wealth management. Can the distinctively traditional, highly personal private banks keep up with the robots? Silvia Pavoni investigates.
Argentina continues to walk a default tightrope
July 1, 2015It is becoming less and less likely that Argentina will resolve its dispute with international investors over its 2002 default before its presidential election in October. The question is, will the country drift further apart from the international investor community, or will the next government bring about the structural reforms markets are impatient to see?
Colombia stock exchange chief looks to make up capital market ground
July 1, 2015The head of Colombia's stock exchange, Juan Pablo Cordoba, discusses the need for further capital market integration in the Andean region, and tells Silvia Pavoni how deepening its capital markets ties in with the country's wider economic plan.