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South America Banking News. Service for global professionals. Constantly updated news and information about South America Banking.
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  • IFC Supports Education in Chile with $30 Million Financing to Fundación DUOC 25 Nov 2009 10:14 GMT
    ... Through its network of 12 campuses, DUOC provides ... inhabitants.” Enrique Cañas, IFC Regional Manager for Argentina, Bolivia, Chile, Paraguay, and Uruguay, said, “IFC's financing ...

  • Venezuela - Four banks nationalised 25 Nov 2009 00:41 GMT
    ... The Venezuelan government has taken over four private banks ... are assuring the health of the Venezuelan banking system." Rodriguez said the banks will continue ...

  • 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 Losses Brazilian ... Chile's IPSA fell 0.5% to 3,251.15 and Argentina's Merval declined 0.2% to 2, 237.54, also ...

  • Major Evacuation in Argentina after Heavy Rains 25 Nov 2009 05:37 GMT
    ... More than 2,500 people were evacuated on Tuesday in northeastern Argentina after heavy rains caused flooding, officials said. ... evacuated in Colon, Concordia and Concepcion del Uruguay, cities close to the Uruguay River in ...

  • The Top 10 Chilean Banks According to Assets 25 Nov 2009 09:57 GMT
    ... The top 10 Chilean banks based on assets held as of Dec. 2008 are listed below: Banks trading in ...

  • Peruvians Continue to Distrust García's Leadership 25 Nov 2009 05:23 GMT
    ... (Angus Reid Global Monitor) - Two thirds of people in Peru express discontent with the leadership of Alan García, ... invited China to invest in Peru’s auto, banking and port industries. The García said that ...

  • Brazil - Cattle futures now available 25 Nov 2009 00:41 GMT
    ... Chicago-based Infinium Capital Management will next week expand into Brazilian currency options and cattle futures, part of ... tiny price spreads. But as investment banks and hedge funds scaled back borrowing activity ...

  • Clyde Process Solutions PLC Interim Results 25 Nov 2009 07:36 GMT
    ... performance from operations - Updated sustainable, long-term banking facility, which is in place to 2013 ... technology have been secured within North America, South America and Europe, with dedicated filtration expertise being recruited ... Africa) and South America (operating out of Brazil) do not meet the quantitative thresholds required ...

  • Ahmadinejad in La Paz for Morales talks 25 Nov 2009 10:35 GMT
    ... facilities built with Iranian financing. traveled from Brazil, where he met with President Luiz Inacio Lula ... He left Bolivia on Tuesday afternoon for Venezuela to meet with leftist President Hugo Chavez, ... world's non-aligned nations. The largest country in South America is hosting the 2014 World Cup soccer championship ...

  • High and mighty 25 Nov 2009 01:03 GMT
    ... to the lush lowlands of the Amazon, Bolivia is the quirkiest and most unpredictable country ... also the cheapest place to travel in South America - think South-East Asian prices for the ... by prisoners seized during Bolivia's war with Paraguay in the 1930s. It's famed for its ...

  • Urban legends and mass misconceptions 25 Nov 2009 04:31 GMT
    ... the ocelot is a jungle cat from South America, just for fun. There are occasionally facts ... is still slowly bleeding to death. The banks and the auto industry are saved. Hooray! Sucks ...

  • SA distressed property sales picking up fast 25 Nov 2009 10:14 GMT
    ... We welcome original and exclusive articles and guest columns, and ... Africa leads pack in global survey as banks worldwide reduce commercial real estate liabilities. South ... organisation noted that China, Hong Kong and Brazil reported a decline in the number of distressed ...

  • France shows off cutting-edge navy ship in Russia 25 Nov 2009 01:03 GMT
    ... ST. PETERSBURG, Russia (AP) - French officers on Tuesday ... the Caribbean for joint maneuvers with the Venezuelan navy and for several port calls. The ... the EC725 Cougar tactical transport helicopter to Brazil. French military exports are expected to rise to ...

  • What Kind of Investor is Happy to Lose Money Over 90 Days? 25 Nov 2009 03:15 GMT
    ... Your editor departs for Wellington for five days today to ... admit we are speculating here, is that banks are beefing up on liquid assets to ... closer look at today. For instance, a Brazilian steel-maker has plans to buy 16.5% of ...

  • Capital controls: Still not a good idea 25 Nov 2009 07:52 GMT
    ... Capital controls: Still not a good idea , Analyst ... limit short-term foreign inflows. Those countries are Chile (1991-1998), Brazil (1993-1997), Malaysia (1998-present), and Thailand (1995-1997 and 2006). ...


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