There were 24 Guatemalan banks as of mid-2007, down from 34 in 2000, and the sector is ripe for further consolidation to achieve economies of scale, modernization, new products, and […]
Category: 2007
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Junk Bond Tap Turns On
Bond supply resumed later in the year than usual because of a rise the global risk aversion driven by the sub-prime scare. But the taps turned back on in October, […]
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Best Bank – Jamaica
National Commercial Bank (NCB) has steadily grown its lending portfolio to become Jamaica’s largest financial institution by assets in a market with some heavy foreign hitters. It has maintained an […]
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Local Investment Bank – Brazil
From the very start, speculation was rife that a UBS Pactual union would lead to a culturally subdivided shop plagued by the departure of rainmakers. Goldman Sachs executives, who for […]
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Best Bank – Local Investment Bank – Colombia
Bancolombia is going through a growth spurt. In the past year it has taken a significant step into the region with a sizable acquisition; boosted its balance sheet with bold […]
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Local Investment Bank – Chile
Chile’s IM Trust is looking forward to a year of consolidation following 18 months of expansion into new markets and products. The boutique investment bank is spreading its wings while […]
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Best Bank – Mexico
BBVA Bancomer dominates Mexico’s retail banking landscape with its sheer size and ratios, but it has its work cut out in the rapidly expanding low income mortgage market. The subsidiary […]
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Local Investment Bank – Overall, Mexico
Citi was among the first of the big global shops to understand the importance of local markets to the LatAm investment banking story. It may not be the best in […]
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Best Bank – Panama
A foreign invasion, highlighted by Citi and HSBC’s recent acquisitions, is in full swing in Panama, but the country’s oldest private bank is putting up a fight. In January, Banco […]
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Locals Find a Niche
Foreign banks are targeting Central America, but there will always be room for indigenous operators, says Jeanne Del Casino, regional credit officer at Moody’s.