Chile-based investment bank Celfín Capital has seized the boom in 2010 as an opportunity to push it into the big leagues.
Category: Regions
Best Bank – Bolivia
Bolivia’s small size has meant its banks suffered few effects of the credit crisis in 2008 and 2009.
Best Bank – Peru
In the April-June period, Banco de Crédito Del Peru (BCP) achieved some of its best quarterly results to date, supported by a strong reactivation of the Peruvian economy.
Best Bank – Trinidad & Tobago
Trinidad & Tobago’s (T&T) Republic Bank has been able to grow its assets despite a weak economy and reduction in its loan portfolio.
Xstrata Commits to Peru
Peru may end up calling 2010 the year of Xstrata. It unveiled plans to invest $7 billion in deals including one the president calls “the contract of the century.”
Infrastructure Investment: The Big Shortfall
As LatAm stares down a growing list of infrastructure needs, builders and governments hope private lenders return. The only certainty is multilateral and state lending.
People: Brazilian IB Moves
Eduardo Centola has joined UBS as CEO of the investment bank in Brazil, where the Swiss bank is focused on rebuilding its coverage.
Debt: Quasi Sovereigns on Deck
To the relief of dizzy investors and baggy-eyed bankers, LatAm issuers began to take a minor breather in October, slowing from September’s breakneck pace that saw $14.6 billion in cross-border dollar bonds.
Best Bank – Dominican Republic
Banco de Reservas has shrugged off macroeconomic weakness in the Dominican Republic caused by the global financial crisis and continues to grow.
China Latin America Links Proliferate
Cultural barriers remain, but the China-LatAm relationship is starting to blossom. Both sides hope to convert dialogue into more frequent large transactions.
