Dollarization is beginning to make a comeback. Floating exchange rate regimes are the dominant fashion in Latin America, but there is still a lot to be said for universal dollarization […]
Category: 2000
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Latin America’s Best Bank
It has paid back the government and assembled capital reserves way ahead of schedule. Now Mexico’s Banamex is at the top of its game as the country moves beyond the peso crisis.
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MarketWatch
Argentina’s Tax Revenues Track Industrial Output Argentina, like many Latin American countries, has trouble collecting adequate tax revenues. Evasion is widespread in spite of repeated efforts to clamp down on […]
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Mercantil’s Victory Over Volatility
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 […]
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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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Sovereign Report
Brazil Brazil launched Latin America’s largest-ever voluntary bond swap on August 9, with a $5.16 billion, 40-year global bond with an 11% coupon. The issue was also the longest-dated non-investment […]
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Petrobras’s Makeover Man
Philippe Reichstul has jettisoned old-fashioned management ways and begun building the Brazilian oil company into a modern corporation. His success makes him LatinFinance’s CEO of the year.
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Profile: Partnering with Private Markets
Francisco Gros has moved between the public and private sectors in Brazil for most of his career. He served twice as president of the central bank, and was chief […]