Features: Profiting From Prudence

Despite a recent drop in profits amid the country's economic slowdown, Brazilian banks are poised for long-term growth. By Antonio Guerrero Amid a turbulent global market, Brazil's banking and financial sector is proving remarkably resilient. A stringent regulatory environment, strong ...

Regulars : Newsmakers : Panama

The election of a pro-business leader in Panama now makes president-elect Ricardo Martinelli a member of the somewhat lonely club of Latin American right-wing leaders, in which the only other member is Colombian president Alvaro Uribe.   By Antonio Guerrero ...

Regulars : EM Roundup Brazil

The latest news from Brazil. Just three years after acquiring Brazil’s Banco Pactual investment bank for some $2.5 billion, UBS is selling the bank back to its previous owners for roughly the same amount.   By Antonio Guerrero   The ...

Emerging Markets : EM ROUNDUP Brazil

Citing Brazil’s prudent economic policies, Standard & Poor’s affirmed the country’s BBB- investment-grade rating with a stable outlook. In its rationale, S&P; said Brazil’s low investment-grade ratings are supported by the government’s ongoing commitment to prudent macroeconomic policies. S&P; expects ...

Emerging Markets : Brazil

Brazil's air force is helping finance Embraer's $500 million development program for a new military transport plane. Following Brazil’s recent credit boom, banks are starting to face increased customer arrears. A research report from BB Investimentos, a division of Banco ...

Newsmakers : Uncle Sam's Southern Friend

Colombia       Uribe: Washington’s ally   Colombian president Alvaro Uribe, the conservative right-wing leader reelected in May, remains Washington’s closest ally in a region governed overwhelmingly by center-left administrations. Critics, however, assert that the 53- year-old attorney, educated ...

Newsmakers : Santander Loses Face In Latin America

LATIN AMERICA     Sleepless in Madrid: Santander chairman Emilio Botin Spanish banking giant Santander is struggling to contain the fallout from the more than $3 billion loss its clients sustained through the bank’s investments in funds linked to disgraced ...

Emerging Markets : Brazil

Brazilian oil giant Petrobras will use debt issuance to finance new offshore exploration. The Petrobras state-controlled oil company sold $1.5 billion of 10-year bonds on international markets in February. The deal, which carries a 7.875% coupon, was managed by HSBC, ...

Emerging Markets Roundup: Brazil

Brazil's air force is helping finance Embraer's $500 million development program for a new military transport plane Following Brazil’s recent credit boom, banks are starting to face increased customer arrears. A research report from BB Investimentos, a division of Banco ...

Emerging Markets Investor: News

FIRST COLOMBIAN ETF TRADES ON NYSE ARCA The first exchange-traded fund that seeks to replicate the performance of the 20 most-liquid securities in the Colombian market has begun trading on NYSE Arca, an all-electronic US trading platform. Global X Management, ...