After a decisive election victory, Sebastián Piñera has promised to unlock an investment logjam and revitalize Chile’s sluggish economy. Once again, he has the global economy on his side. By Tom Azzopardi
Category: Regulation
Bondholders brace for Venezuelan default
Venezuela is edging closer to default on its foreign debt as vulture funds snap up the country’s bonds and push an acceleration clause for missed coupon payments
MUFG gears up for Latin America expansion
John Koike, the regional head for Latin America at MUFG, discusses the Japanese bank’s plans for the region in a one-on-one interview
Peru’s political turmoil casts a shadow over Camposol IPO
Camposol remains on track to launch an IPO in January, but bankers say they are paying close attention to market sentiment
Mexico raises rates
Central bank increases the borrowing costs on inflation fears
Fitch warns legislation could harm Brazilian banks
Possible new law threatens to reduce sovereign support, rating agency says
Mexico’s FinMin steps down amid talks of presidency run
Jose Antonio Meade resigns, fueling speculation that he will aim for the top job under the ruling PRI banner, while Pemex CEO picked to replace him
Chile holds rates
Central bank leaves monetary policy unchanged for the seventh month in a row, but some analysts predict two rate cuts in early 2018
Mexico leaves rates on hold
Central bank keeps benchmark at 7% due to increased inflation and FX volatility
Brazilian businesses take on money laundering
Beyond banks, other Brazilian businesses are also being forced to take action to clamp down on money laundering.
