Mexico-based brewer Femsa Cerveza has named former Coca-Cola executive Randel Thomas Ransom its new marketing director, replacing Jorge Montemayor who has become a dean at the Instituto Tecnologico y de […]
Category: Regions
CIE Names CEO
Corporacion Interamericana de Entretenimiento has named Rodrigo Gonzalez Calvillo, its general director in Mexico, as chief operating officer. Gonzalez Calvillo has served on the company’s board of directors since 1995 […]
Mexico and Venezuela Post Best Performance to Date
Steadily rising oil prices have pushed up Mexican and Venezuelan bond prices since January. However, they are not doing much better than the benchmark EMBI+ index, which has gained 9% […]
ScotiaBank Buys Controlling Stake in Inverlat
Canada’s Bank of Nova Scotia is spending $40 million to become the majority shareholder in Grupo Financiero Inverlat SA, the struggling Mexican bank that was rescued by the government. ScotiaBank […]
Serfin Sale Could be Harbinger
Three foreign banks have registered to bid for Mexico’s third biggest bank, Grupo Financiero Serfin, at an auction scheduled for May. Spain’s Banco Santander Central Hispano, London-based HSBC, and Citigroup […]
The Investment Management Review Part II – Equity Funds
Telecommunications came as close as possible to being a one-way bet last year as Latin equity markets caught the Internet bug. Teléfonos de Mexico (Telmex) continued storming ahead and privatized […]
Front Notes
Much has been written about the dire outlook for Latin America’s equity markets, as stock exchanges in the US and Europe siphon off liquidity and international companies delist their local […]
The Rating Game
Moody’s earlier-than-expected boost of Mexico to investment grade has underscored the more subtle factors at play among rating agencies vying for a piece of the action.
Camisea Gets Halfway There
Peru has sold the exploration rights to its gargantuan natural gas deposit but must still find an operator willing to move the fuel.
