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Latin America Banking News. Service for global professionals. Constantly updated news and information about Latin America Banking.
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  • LATIN AMERICAN MARKETS: Brazil Stocks Turn Higher; Mexico Narrows Losses 25 Nov 2009 06:53 GMT
    ... LATIN AMERICAN MARKETS: Brazil Stocks Turn Higher; Mexico Narrows ... by Chinese regulators to crack down on banks' capital-reserve ratios," analysts at Saxo Bank wrote ...

  • Philippine c.bank: no need for new capital controls 25 Nov 2009 03:53 GMT
    ... MANILA, Nov 25 (Reuters) - The Philippine central bank has enough tools to manage large inflows ... mainly in emerging markets in Asia and Latin America, prompting central banks to adopt or study steps to control inflows. ...

  • FOR WHOM THE PHONE BELL TOLLS 25 Nov 2009 08:10 GMT
    ... is the largest wireless service provider in Latin America. According to Claro Jamaica’s site, ... for my son and he got some credit on the card as part of the ... is that it made Chris Dehring, investment banker and former CEO of Cricket World Cup, both ...

  • Brazil - Cattle futures now available 25 Nov 2009 00:41 GMT
    ... tiny price spreads. But as investment banks and hedge funds scaled back borrowing activity and ... models to new markets in Asia and Latin America. Infinium was already active as a ... firm also trades BM&FBovespa derivatives on interbank deposit rates and the Brazilian real, and next ...

  • New Central Bank Governor to address public on countercyclical measures 24 Nov 2009 03:12 GMT
    ... New Central Bank Governor to address public on countercyclical ... year the Caribbean Centre for Money and Finance (CCMF), previously headed by Dr Worrell, had ... European countries as well as others in Latin America had gone that route, some with limited ...

  • Mobile Banking the Answer for Africa's Unbanked - MXit 24 Nov 2009 08:45 GMT
    ... Mobile Banking the Answer for Africa's Unbanked - MXit ... secure its leadership in South East Asia, Latin America and the Caribbean. Its growth and success ... with young people in South East Asia, Latin American, Africa and globally. The company introduced mobile ...

  • Deloitte appoints global Islamic Finance Industry group leader 24 Nov 2009 09:19 GMT
    ... “The Islamic Finance industry is rapidly expanding, which presents opportunities ... and consulting industry, working in Asia, Europe, Latin America and the Middle East. Since 2002, he ... executive roles at major Islamic and Asian banks. ...

  • UPDATE 2-Colombia cenbank cuts key rate 50 bps to 3.5 pct 24 Nov 2009 01:28 GMT
    ... 3.8 percent in September, raising speculation that the bank would cut rates on Monday. The Colombian ... States. The rate-cutting cycle has slowed throughout Latin America after months of central banks moving to loosen credit in a bid to ...

  • M&A Is Back -- But This Time, It's Different 24 Nov 2009 22:16 GMT
    ... Take that cash you have built up. Banks are beginning to lend money. The credit ... And Cadbury is big in India and Latin America, correct? Yes, and Kraft isn't. A lot ... haven't seen huge debt offerings or bank loans being taken out. Whether that is even ...

  • Mexico Peso to Gain Up to 20% After Fitch Downgrade, Pimco Says 24 Nov 2009 05:16 GMT
    ... in 2000 became the second country in Latin America to win an investment-grade rating as the ... downgrade are slim,” Berber wrote. In the credit-default swaps market, where investors buy contracts to ... most since the 1930s, according to the central bank. Oil, which funds 38 percent of Mexico’s ...

  • Time For A Dose Of Protectionism? 24 Nov 2009 15:55 GMT
    ... their currencies to the dollar, and in Latin America. Perhaps even worse, China's policy of ... current financial crisis than all the greedy bankers put together. Free trade, economists like to point ... IOUs stored in the basement of the central bank. Possibly--if China is willing to wipe a ...

  • Roubini: Dollar may feed emerging market inflation 24 Nov 2009 19:00 GMT
    ... * Capital controls could be answer to currency gains BUENOS AIRES, Nov 24 (Reuters) - ... asset bubbles in emerging markets as central banks step up foreign-exchange intervention to prevent rapid gains ... Roubini said on Tuesday. Central banks in Latin America and Asia, where currencies have jumped this ...

  • Iranian leader continues South American trip with Bolivia stop 24 Nov 2009 22:40 GMT
    ... Mahmoud Ahmadinejad continued his three-nation tour of Latin America on Tuesday, signing accords with Bolivian ... is interested in Bolivia's largely untapped uranium deposits. Iran also is interested in uranium deposits ... on the left in the morning and bankers in the evening. He is a negotiator." ...

  • Mexico moves from Latin leader to laggard 24 Nov 2009 03:12 GMT
    ... largest economy) made Mexico the promise of Latin America and a model for other underdeveloped countries. ... finances are also stunning: this year Brazilian banks provided 60 per cent of loans made in Latin America, and its stock ...

  • Cramer's Mad Money - Amazon Is Wal-Mart's Giant Twin Sister (11/23/09) 24 Nov 2009 13:13 GMT
    ... with credit-default swaps that nearly destroyed the banking system. "We need to do this," Gensler ... since Federal regulators are not demanding that banks dump homes onto the open market. Cramer ... home sales and the company's success in Latin America. Whirlpool, according to Cramer, is a $90 ...


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