Monthly Archives: December 2016

Brazil extends successful offshore wealth amnesty

Posted on December 20, 2016 by

Senior private bank professionals in Brazil expect that the extension to the amnesty on undisclosed offshore assets will lead to further inflows – for the government and private banking industry – in 2017. The initial deadline of the end of … Continue reading →

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BTG aims downmarket as technology reshapes Brazilian banking

Posted on December 14, 2016 by

Brazilian investment bank BTG Pactual has launched an internet-only bank that aims to win a 10% share of the R$650 billion ($190 billion) market for managing the money of the affluent retail sector in the country. The brand, BTG Pactual … Continue reading →

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Galicia’s Grinenco looks through the regulatory lens

Posted on December 1, 2016 by

The outside world is still happy to see the market-based reforms in Argentina through rose-tinted glasses, but the country’s banks are battling a poor economy and tough regulatory challenges. Banco Galicia’s chairman, Sergio Grinenco, has a pragmatic view of the … Continue reading →

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