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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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Latest Latin America Banking News

  • Negotiator for World's 130 Most Impoverished States: Copenhagen Accord is Suicide Pact 19 Dec 2009 20:30 GMT
    ... a goal lusted after by major western banks, financial corporations, and polluters like the coal ... the US a a consumer market and finance capitol) appear to have agreed on an ... African nation and dozens of states in Latin America, and Southeast Asia responded to the deal ...

  • Moynihan known for his focus, energy 19 Dec 2009 09:34 GMT
    ... again, and Moynihan becomes head of consumer banking. He remains based in Boston. Brian Moynihan ... asset management business, its brokerage unit and bankers that serve wealthy customers. In 2004, that ... from big corporate loan defaults, losses in Latin America, and poor results in investment banking and ...

  • Climate change opportunity to diversify energy: IDB 19 Dec 2009 03:33 GMT
    ... the Inter-American Development Bank (IDB) said Friday. The bank said in its latest report that though ... promotion of social and economic development in Latin America and the Caribbean during the last decades; ... fertilizers. Since 2000, the regional bank has financed local renewable energy projects worth 2.1 billion ...

  • Wal-Mart names Mexico chief BENTONVILLE, Ark 19 Dec 2009 00:14 GMT
    ... as president and CEO of its Walmart Latin America regional operations. The retailer, based in Bentonville, ... Rico. Solorzano will be based in Wal-Mart's Latin American regional office in Miami and will assume ... the world's largest broker of trades between banks, ICAP PLC of Britain. Inter-dealer brokers, as ...

  • EMERGING MARKETS-LatAm stocks slide for 4th session 18 Dec 2009 23:44 GMT
    ... pct NEW YORK, Dec 18 (Reuters) - Latin American stocks slipped for the fourth consecutive session ... Sao Paulo. The MSCI stock index for Latin America .MILA00000PUS fell 0.7 percent, in its fourth ... at 2,029.05 per U.S. dollar after the central bank kept interest rates unchanged at 3.5 percent, ...

  • CORRECTED - JPMorgan tops ECM rankings, with $2.2 bln in fees 18 Dec 2009 22:12 GMT
    ... company's stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion ... the deals last year. Across the investment banking industry, equity capital market underwriting was the ... year, however, Asia had the lion's share. Latin America was also a large provider," Hantho said. The ...

  • Brazilian Stocks Drop for Fourth Day on Dollar Rally, CSN Bid 18 Dec 2009 22:01 GMT
    ... fell for a fourth day on speculation the nation’s ... global economic rebound may stall as central banks begin withdrawing stimulus measures next year. Emerging-market equity ... an analyst at Banco Santander SA, said the bank remains “skeptical about the feasibility” of changes ...

  • OTCMarketBulls: OTCMarketbulls.com Reports Hot Market Movers For December 18, 2009 - Apple Rush Company, Inc.(OTC: APRU) +150.00%, Geta Incorporated (OTCBB: GETA) +16.96%, Cardero Resource Corp. (AMEX: CDY) +21.02%, SMART Modular 18 Dec 2009 19:42 GMT
    ... Million For Pampa De Pongo Iron Ore Deposit, Peru VANCOUVER, BRITISH COLUMBIA--(12/18/09) - Cardero Resource ... has not yet finalized its project financing banking arrangements with respect to the Pampa de ... presence in the U.S., Europe, Asia, and Latin America enables it to provide its customers with proven ...

  • CORRECTED: JPMorgan tops ECM rankings 18 Dec 2009 18:56 GMT
    ... company's stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion ... the deals last year. Across the investment banking industry, equity capital market (ECM) underwriting was ... year, however, Asia had the lion's share. Latin America was also a large provider," Hantho said. The ...

  • ADR REPORT-ADRs modestly lower on foreign bank regulations 18 Dec 2009 18:54 GMT
    ... NEW YORK, Dec 18 (Reuters) - Overseas shares traded in ... ongoing concerns about new Basel regulations. Lloyds Banking Group slid 3.6 percent to $3.21, while ... of New York Mellon index of leading Latin American ADRs fell 0.4 percent. In Brazil, stocks ...

  • CORRECTED - UPDATE 1-JPMorgan tops ECM rankings, with $2.2 bln in fees 18 Dec 2009 18:48 GMT
    ... company's stock, J.P. Morgan led the world's banks this year, earning an estimated $2.2 billion ... the deals last year. Across the investment banking industry, equity capital market (ECM) underwriting was ... year, however, Asia had the lion's share. Latin America was also a large provider," Hantho said. The ...

  • CAF to post profits of US$200mn, approved record lending of US$9.2bn in 2009 18 Dec 2009 17:21 GMT
    ... about 17% on 2008, as the total loan book grew 13%, the multilateral's executive president ... to the region's financial system and development banks, and broadly focused sector programs, he said. Latin America's recuperation has happened principally in financial markets ...

  • VHeadline Venezuela News -- December 18, 2009 -- LATEST 18 Dec 2009 17:09 GMT
    ... for this tragedy Mrs. Clinton insinuates some Latin American countries are "flirts. BBC News UK: Ruins ... blames Crystallex for seven-year sentence VZLA tightens banking sector rules as corruption investigation continues Fedecamaras ... reform law raising control, depositors' insurance EU, Latin America proclaim end to "Banana War" Russia's Power ...

  • Will the Dollar Continue to Rally? 18 Dec 2009 17:05 GMT
    ... lot more sound than China, India, Russia, Latin America, the Middle East, Africa; well you get ... have said in the past that European banks may be in worse shape that there US ... what is wrong in the world of finance is being hidden regardless of country. Fear, ...

  • Chile cenbank to monitor firm peso, may intervene 18 Dec 2009 15:33 GMT
    ... SANTIAGO, Dec 18 (Reuters) - Chile's central bank chief Jose De Gregorio said on Friday the bank will continue to monitor the strengthening peso ... to the safe-haven greenback. Other currencies in Latin America such as the Mexican peso ) booked ...


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