National stock exchanges are teaming up to offer investors round-the-clock trading and a single pool of global liquidity. The Sao Paulo and Mexico City bolsas are on board, but would they really benefit?
Category: Regions
Posted inMagazine
Front Notes
The election of Vicente Fox as Mexico’s next president was a triumph both for the cowboy-booted former Coke executive and for the country’s effort to distance itself from the rest […]
Posted inMagazine
Spanish Spending Spree
Spain’s Banco Bilbao Vizcaya Argentaria spent more than it planned to buy Mexico’s second-biggest bank. With BBVA’s substantial assets and promise of profits, colonial domination isn’t looking so bad.
Posted inMagazine
Televisa Spreads the Wealth
Mexican businessman Alejandro Burillo plans to sell his 25% stake in Grupo Televisa, Mexico’s largest media company, to a group of large shareholders led by María Asunción Aramburuzabala, one of […]
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Peruvian Telecom Auctions Wireless Licences
Cepri Telecom, Peru’s telecommunications privatization committee, auctioned two fixed wireless access licenses to Telefónica del Perú and Millicom Perú. Telefónica paid $9.7 million and MIC Peru paid $9.85 million at […]
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Holding on at the Top
Panama’s Banco del Istmo has swallowed Pribanco to create Central America’s largest bank. But can the new bank successfully expand in a region peppered with tough competitors?
Posted inMagazine
Shifting Shares in the Colombian Banking System
Foreign banks have bought a substantial chunk of Colombia’s banking system as they have in most other Latin American markets. Foreign-owned banks now account for 42% of the country’s financial […]