Bonuses on Wall Street failed to reflect the strong performance that nearly all LatAm groups delivered last year. Discontent is rising, but new hiring will be done selectively.
Category: 2008
Posted inMagazine
A Bridge too Far?
Vale’s monster bid for Xstrata strains the limits of feasibility. LatAm’s biggest ever takeover attempt is fraught with challenges, not least for the loans market.
Posted inMagazine
PE Shows Signs of Restraint
Brazilian private equity has been enjoying a fundraising heyday. But optimism will be severely tested by a choppy Bovespa and hostile debt markets.
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Argentina Butchers Golden Goose
Mining has been an Argentine success story since the 2001 meltdown. A new tax on exports may marginally improve the fiscal surplus, but it also repels vital foreign investment.
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Peru Overhauls Domestic Markets
Peru is capitalizing on robust economic expansion to revamp local markets. Finance Minister Luis Carranza Ugarte tells LatinFinance what lies ahead.
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Banks Scout Brazil Quality
Brazil’s government is increasingly turning to the private sector to rebuild the country’s infrastructure. Big auctions are scheduled, but long-term concerns are niggling.
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Peru Rocket Takes Off
Peruvian President Alan García is a man on a mission, calling for revolutions to transform the country. Investors adore the credit, but there are nagging concerns.
by Lucien Chauvin and James Crombie
Posted inMagazine
Brazil ECM Bankers Stay Bullish
After a bang-up 2007, Brazil’s stock market got off to a rough start. But bankers think IPO’s and secondary issuances could pick up later in the year.
Posted inMagazine
Peru White Elephant Hits the Block
Peru is looking at financing projects stuck in the pipeline for decades. A $280 million electric train for Lima is the next deal slated to hit the block.