As interest in socially responsible investment increases in Brazil, the stock exchange plans an ethical index that will track responsible companies. By Oliver Balch.
Americas
Latest articles from Americas
CSFB’s long haul pays off in Brazil
November 7, 2005Investment banks are often criticised in emerging markets for being fair weather friends: moving in when times are good, running for the exit when the market turns down. But if you take over a major domestic player, you are pretty much obliged to stick around.
Confidence in Mexico is hard to shake
November 7, 2005As the main political parties choose their candidates for next year’s presidential election, Monica Campbell reports on the contenders, and prospects for the economy and investment if they succeed.
Big plans for a small state
November 7, 2005St Kitts and Nevis is taking steps to sustain stable growth, benefit from regional integration and develop the financial sector according to prime minister Denzil Douglas.
Basel II risks failure without the US on board
November 7, 2005If the US and Europe cannot agree on a common capital adequacy system, the idea of a level playing field will become a vain hope.
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.