If the US and Europe cannot agree on a common capital adequacy system, the idea of a level playing field will become a vain hope.
Americas
Latest articles from Americas
In defence of unorthodox economic strategies
November 7, 2005Barbados 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, 2005Research 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, 2005Ending 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, 2005Argentina’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, 2005Despite 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, 2005Amid 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.