Argentina’s banks are bust and the economy is paralyzed. Everyone is going to lose in the biggest default in history, starting with the foreigners.
Category: 2002
Posted inMagazine
Preserving the Best of Both
Having learned much from its last acquisition of a Mexican bank, Citigroup appears to have neatly and efficiently woven Banamex into its global franchise.
Posted inMagazine
Putting Itself Out In Front
Unibanco, the Brazilian bank that has cultivated an image as a financial services provider for the rich, has dipped into the consumer market as a means of survival.
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Regaining Confidence and Growth
Panama is struggling to convince the credit rating agencies and investors that it is correcting weaknesses in its fiscal and economic policies. But long-term investment opportunities are strong.
Posted inMagazine
Regional Exotics Fill a Void
With rock-bottom interest rates in the world’s major economies and slim offerings from traditional sovereign bond issuers, Latin America’s quieter credits are stepping up to the plate.
Posted inMagazine
Straightening Out the Future
With a history as an international finanacial services center, Panama is on the cusp of redefining its global role. Despite a stubborn economy and contentious politics, the country has the tools to proceed.