A buy-and-hold mentality is thwarting Brazil’s debt capital market, limiting access to long-term funding in the country. A number of initiatives have been launched to help deepen the market, but will they help it meet the mounting finance requirements of domestic development projects and local corporates?
Latest articles from Silvia Pavoni
Singapore and Hong Kong fight off Asian FDI rivals
May 1, 2012Singapore and Hong Kong continue to attract the highest levels of foreign direct investment among Asian international finance centres. But there is change afoot elsewhere, with increasing levels of investment in Beijing causing it to replace Shanghai as the third most attractive Asian IFC for FDI.
Bolivian finance minister looks to cash in on strong economy
April 23, 2012Bolivia is about to tap the international capital markets for the first time in a century, a move which its finance minister says reflects its impressive economic performance of the past few years.
European exits leave Latam trade financing gaps to be filled
April 2, 2012As Europe's banks come to terms with the economic impact of Basel III's rules on capital requirements, their demand for trade finance deals in Latin America through the International Finance Corporation has waned. But this leaves the door open to North American and Asian banks looking to increase their presence in the region.
New York tops IPO volume ranking
March 28, 2012New York’s stock exchanges saw the highest volume of initial public offerings (IPOs) in 2011, while Asian cities witnessed increasing levels of activity in this area, with Hong Kong, Shenzhen and Shanhai all featuring in the top five IFCs by volume of IPOs.
New York's exchanges secure largest volume of IPOs
March 28, 2012In 2011, global initial public offering (IPO) volumes shrank to nearly half the size seen in 2010. New York's stock exchanges saw the most activity in the year, helping the Americas rank as the top grossing region in terms of IPOs.
Belize's banks show highest return-on-assets ratio in Central America
March 20, 2012Belize’s small banking market might be represented by only three lenders in The Banker’s Top 100 Central American banks, but the country's banks show the highest return-on-assets ratio in Central America, at 2.67%.
Capital expenditure down but Singapore remains top centre for inward financial FDI
March 12, 2012The Asian city state of Singapore attracted more foreign investment in its financial sector than any other IFC in the world over the past year.
Uruguayan banks take domestic approach to profit growth
March 1, 2012Awash with liquidity and buoyed by a strong local economy, the story of Uruguay's banks seems to be a rosy one on first inspection. However, with its banking sector dominated by state-owned lenders, private banks have struggled to turn in a profit, leading them to look towards local consumer loans and mortgages.
Confindustria president confident over Italy's future
March 1, 2012Despite the doom and gloom surrounding Italy's future prospects, the president of its employers association, Confindustria, is confident that the country's new government has already made great strides towards putting it back on a path to growth.