Category: 2000

Banco Santander Central Hispano (BSCH) of Spain is transferring its online banking service from Open Bank to Patagon.com, the unlisted financial website it acquired in March for $529 million, days […]

Pennsylvania’s PPL Utilities has bought 85% of Cemar, the Maranhão state power company, for $289.2 million. Cemar has almost one million clients and distributes 2,293 gigawatt-hours of electricity per year. […]

Banco Santander Central Hispano (BSCH) has named Norman Buchbinder as vice president and manager of structured trade finance at its New York office. Buchbinder previously served as vice presidentof the […]

The Inter-American Development Bank (IADB) priced a $2 billion global bond at 99.708%. The issue included a semi-annual coupon set at 7%, maturing in 2003. Deutsche Bank and Goldman Sachs […]

        Brazil’s growing primary budget surpluses – the balance before interest charges – has cut federal net debt issuance dramatically since the real crisis in early 1999. […]

        Jose Luis Ycaza José Luis Ycaza is the new president of Ecuador’s Central Bank. Ycaza is a former trade minister and was a member of the […]

Capital raising in Latin America now needs a new technology twist as well as an uptick in the US markets. LatinFinance’s 16-page corporate finance section looks at the latest trends.

        Mexico’s peso wobbled as political risk grew with the approach of the country’s July presidential elections. It is interesting to see that the peso has not […]

In an effort to attract external resources and foster development, the Organization of American States (OAS) created the Inter-American Agency for Cooperation and Development, to be headed by Ronald Scheman. […]