Monthly Archives: September 2016

Brazilian banks’ digital puzzle

Posted on September 29, 2016 by

Brazil’s securities regulator, the CVM, has launched a study into the country’s flourishing financial technology (fintech) industry, raising the prospect of new regulations that could impede the sector’s growth. The CVM announced its initiative at the end of August and … Continue reading →

Posted in Blog | Tagged , , , , , , , , , , , | Leave a comment

Argentina’s banks seek path to normalization

Posted on September 28, 2016 by

  Argentina’s banks are facing a difficult transition period as the government and the central bank (BCRA) attempt to lower inflation and the country’s base rates, as well as facing subdued credit demand thanks to the economic recession. The banks … Continue reading →

Posted in Blog | Tagged , , , , , , , , , , , , | Leave a comment

Brazilian brokers wave the offside flag

Posted on September 27, 2016 by

“The Bovespa is like the CBF [Brazilian Football Confederation] and the brokers are like the clubs: the former is very rich and very powerful, while the latter do all the work and are going broke.” Ricardo Lacerda, founder and CEO … Continue reading →

Posted in Blog | Tagged , , , , , , , , , , , , , , | Leave a comment

How Argentina beat the bondholder stand-off

Posted on September 26, 2016 by

Call it an Argentine stand-off. Luis Caputo, Argentina’s finance secretary, and Pedro Lacoste, vice-minister of economy, turned up with assembled bankers for a showpiece lunchtime presentation during Argentina’s bond deal roadshow. As the team entered the New York Palace Hotel there … Continue reading →

Posted in Blog | Tagged , , , , , , , , , , , | Leave a comment