There really isn’t much difference between the Colombia of Ernesto Samper’s government and the Colombia of Andres Pastrana’s government-except, of course, for credibility and hope.It seems, at least, that hope […]
Category: 1997
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Vaulting the Bluffs
Brazil’s big banks have developed an extraordinary ability to thrive in almost any environment.They have lived through inflation, government debt defaults and over half a dozen new currencies in the […]
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Arminio Fraga Interview
When Arminio Fraga speaks, people listen. Or so say those who have watched him, over the last six months, oversee a complete turnaround in Brazil’s monetary policy. After the six- […]
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Visible Hand
Francisco da Costa e Silva, chairman of Brazil’s capital markets watchdog the Comissão de Valores Mobiliarios (CVM), has established himself as a leading promoter of regulatory changes and a modernizer […]
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Banespa Robbery
In the dawn hours of July 5,thieves stole $19.8 million from the state bank of Sao Paulo’s central downtown agency in Brazil’s largest bank heist to date. The ensuing manhunt […]
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Bolstering Bigness
Brazil is not known for its affinity for consolidated corporate control. So the recent bevy of mergers and acquisitions there has come as a surprise to many Brazilians who had […]
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Brazilian Banking
In the past few years, United States and European money managers have launched operations in Brazil, offering institutional and individual investors a level of expertise previously unknown here. These firms, […]
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Bubbling Troubles
It comes down to one question: Are the oil fields in Colombia, a country rich in oil assets, worth the investment to exploit them? Many industry executives are asking themselves […]
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Debt Doldrums
Nineteen ninety seven was a bumper year for Latin America’s syndicated loan market with volumes reaching close to $59 billion. That’s an impressive figure considering it even topped new Latin […]