Barely emerging from the most severe economic recession in a decade and dealing with the upheaval of consolidation, Venezuelan banks are struggling in one of the toughest operating environments in […]
Category: 2000
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Missed Opportunity in Brazil
How Daniel Dantas, one of Brazil’s cleverest financiers, lost the trust of two key backers in vicious battles over control of their investments in the booming telecom industry.
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Rebuilt Bancolombia Ready to Do Battle
In 1997, as president of Banco Industrial de Colombia (BIC), Jorge Londoño created Colombia’s biggest bank through a merger of his institution and the newly privatized Banco de Colombia. The […]
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Synergies Strengthen Banco Río
The synergies derived from being part of a regional network and having an ample range of products, high-quality assets, and a skilled staff are the factors driving Banco Río de […]
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A Critic to the Core
Argentina’s former Economy Minister Domingo Cavallo is impatient with the government’s lack of conviction in implementing the market reforms he began 10 years ago.
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Technology
Zona Financiera Licenses Citibank Eric Daniel, chief executive of Zona Financiera, the multilingual financial portal, announced a licensing deal with Citibank to provide the bank’s websites in Latin America with […]
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Banco del Istmo Gains Momentum
Panama’s largest local bank, Banco del Istmo, is primed to become Central America’s leading financial institution. This is no small order in a region with more than 150 local banks […]
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Banco Itaú Tops Brazil Banking Sector
No bank in Brazil can rival Banco Itaú’s focus on earnings, the transparency of its financial statements or the professionalism of its management team. Itaú’s President Roberto Setúbal, a member […]