Tackling Mexico’s Pension Funds Vicente Corta seems irresistibly drawn to Mexico’s finances. After three short months in private legal practice as a partner at White & Case’s Mexico City’s office, […]
Category: Regions
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Milpo’s Mettle Rattles Peru
A small mining company’s hostile takeover of a neighbor mine is a test for the Peruvian capital markets.
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Sovereign Report
Colombia Swaps, Issues, and Reopens Colombia carried out an impressive domestic debt exchange in June reducing its financing needs for next year. The government exchanged $2.45 billion in debt for […]
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Business & Banking
Citigroup’s Mammoth Mexican Play Citigroup agreed in mid-May to purchase Mexico’s Grupo Financiero Banamex-Accival, the parent company of Banamex, the country’s second-largest bank, for $12.5 billion. Citigroup’s tender offer for […]
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Citigroup’s Latin Platform
The purchase of one of Mexico’s most successful banks has transformed Citigroup into the largest private sector financial institution in Latin America with $49 billion assets in the region.
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Sovereign Report
Mexican Brady Buy Back Mexico reopened its $1.5 billion, 10-year global bond offering in May, first launched January 8. The opening was for $1 billion and the proceeds were used […]
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Rebuilding Internal Confidence
Peru has made considerable progress addressing its severe infrastructure deficit by privatizing telecom, power, and transportation systems. But dreams of becoming a high-tech distribution hub for the Americas remain a fantasy.
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The Battle for Efficiency
The mining industry was Peru’s most dynamic sector through years of recession and weak growth. But metals prices are struggling to recover, so companies are cutting costs, raising production and increasing reserves.
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Bailing Out the Banks
The government is cleaning up the banking system, but Jamaicans are still paying a heavy price for botched financial liberalization in the 1990s.
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Sun, Sand, Sea and Software
Jamaica wants to become the silicon island of the Caribbean. Tourism has spawned a vibrant services industry and the country hopes today’s call center employees will be tomorrow’s programmers.