Following some well-publicized failures, Mexican banks are seeking to boost their profile through capitalization and consolidation.
Category: Regions
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The Waiting Game
International energy companies are eager to open the investment floodgates if, and when, Mexico reforms its electricity sector.
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Santander Strengthens
After significant cutbacks last year in the wake of the Asia crisis, Santander Investment appears to be building its Latin American operations, albeit on a much smaller scale than before. […]
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The Incredible Shrinking Markets
When rumors hit the market last month that Telmex owner Carlos Slim was negotiating a deal with minority shareholder SBC Communications that would lead to Telmex’s delisting from the Mexican […]
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Energy Sector Fuels Investment
Developments in Bolivia’s energy sector have moved farther and faster than anyone in the industry would have dared predict three years ago. Private foreign investment driven by privatization, and the […]
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Ups and Downs
The success of Entel and failure of LAB characterize Bolivia’s capitalization program.
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Bancomer, Serfin Enter Guilty Pleas
At the end of March, Mexican banks Bancomer SA and Banca Serfin SA formally entered guilty pleas in Operation Casablanca, the largest money laundering case in US history. In separate […]
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Banking on Recovery
LatinFinance talks to Ecuador’s Minister of Finance on the resurrection of the country’s financial stability.
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Help Wanted
An embattled President Jamil Mahuad is pinning his hopes on am IMF bailout to solve Ecuador’s financial crisis, but critics call it a Band-Aid solution.
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A Difficult Climb
Peru still faces an uphill struggle, despite its top performing economy, reports David Swafford.