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Brazil Has Reason to be Proud of First-Tier Banks
Reported by Marcos dos Santos. After a period of tension between the banking sector and the Brazilian government, the Executive Vice President of FEBRABAN (Brazilian Federation of Banks), Wilson Roberto Levorato, said recently, during a seminar of financial inclusion in
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Colombia Comes Together to Overcome Its Past
Bogotá Skyline at Night Maybe the Greeks could learn a thing or two from the Colombians. The change in Colombia over the past ten years is remarkable. Financially Colombia was the “Greece” in Latin America. Its debt was classified as “junk
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Brazilian Brands Abroad
Brazilian brands are expanding internationally. Brazil is rapidly becoming a global powerhouse and “Brand Brazil” has moved on from waxing and micro bikinis; Brazilian brands are starting to go international. Brazil is now seen as chic and consumers globally want
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Mexico’s Competitive Banking System
At the opening of the 75th Banking Convention in Mexico, President Calderon said the country’s financial sector is well fortified against external shocks. ACAPULCO, May 18. – Facing a backdrop of the international financial uncertainty and other countries in economic
Read MoreA View From São Paulo
From the outside Brazil’s new image seems unstoppable but this can quickly change on arrival in the country, starting with long queues for processing visas at São Paulo’s Guarulhos International Airport. Leaving is even tougher: at weekends, overstretched airports can
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Emerging Managers Summit
The Radisson Blu Aqua Hotel Chicago, Chicago, IL May 30-June 1, 2012 If you are looking to expand and diversify your asset allocation by investing in emerging managers as well as women and minority owned investment managers, the emerging managers conference will
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Air Travel Growth Continues to be Driven by BRICS Members and South East Asia
Asia leads the world’s growth in air travel and holds seven out of the ten busiest inter-city routes. In addition to the BRIC markets, Indonesia, the Philippines, and Chile showed an impressive growth, according to analysis by the market intelligence
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Santander Committed to Brazil as Major Contributor to Bank’s Profits
Chairman Botin confirms the strategic importance of Santander Brazil, which accounts for the vast majority of the bank’s world-wide profits for the 1st quarter 2012. By Marco dos Santos The deepening crisis in Spain last week cast shadows over the financial
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HSBC Continues to Sell Non-Core Assets
HSBC is selling businesses in four South American countries as it carries on its plan of leaving what it regards as less promising markets. The deal is still subject to regulatory approval but HSBC has reported the sale of its
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Gold Becomes Peru’s Main Export Item in the First Quarter of 2012
Peruvian gold sales totalled 2.57 billion dollars in the first quarter of this year, making the commodity the country’s top export, the National Mining, Petroleum and Energy Society, SNMPE, announced. Total exports of gold soared 30% last year reaching 10.1bn
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