A booming economy is behind the record income for Argentinian banks last year but growing inflation is placing the sustainability of these profits in doubt.
Americas
Latest articles from Americas
Highway to recovery: Interview with Ernesto Cordero, Mexico’s finance minister
February 14, 2011Mexico's finance minister explains how investing in infrastructure will rebalance the country's export-heavy economy
Colombia sheds poor image to emerge as up and coming IT hub
January 31, 2011The negative perceptions of Colombia that have dogged the country over the past few decades are finally being shed, causing global companies to take note of its role as an up-and-coming IT hub for Latin America.
Wealth management boom in Brazil
January 31, 2011Business is booming for the wealth management sector in Brazil. Large domestic banks still dominate the industry but international players have found plenty of scope to move in on this expanding market.
Chile's finance minister, Felipe Larraín on the country's plans to double growth
January 28, 2011The Chilean government has ambitious plans to double growth and – ultimately – eradicate poverty, all while contending with currency appreciation.
José Darío Uribe on Colombia's financial transformation
December 23, 2010Other countries may be dogged by recession, but José Darío Uribe, governor of the Central Bank of Colombia, says the country's financial sector is undergoing a transformation.
The power behind Bolivia's new energy
December 8, 2010Bolivia is barely recognisable from the state it was in 20 years ago - it now has a budget surplus and a store of foreign currency, and there are even plans to make the country an export hub for electric power and natural gas. Hugh O'Shaughnessy met Bolivia's vice-president Álvaro García Linera to discuss the country's prospects.
Under fire but fighting back
December 8, 2010Investment into Caribbean offshore financial centres has fallen in recent years but is now picking up. However, these centres are also under international pressure over their tax and transparency arrangements, a criticism many of them view as unfair. Writer Silvia Pavoni
Banks fight for position in Latin America
November 24, 2010The banking landscape in Latin America has changed considerably in recent years as local banks have strengthened while some foreign groups have been in retreat. Silvia Pavoni reports.
Uruguay's banks being crippled by caution
November 24, 2010As governments in the Western world attempt to implement more conservative regulation within their financial markets, banks in Uruguay are stagnating because of the country's overcautious economic approach over the past decade. Writer John Rumsey