Tag Archives: Mexico

Twisting Mexican risk

According to bankers and analysts in New York, the first questions that corporate clients and investors always ask about Mexico relate to Nafta. Questions about the political risk from this year’s election are secondary, almost an afterthought. However, this is getting … Continue reading

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UBS spies inflection point for EM banks’ valuations

Emerging market (EM) banks could be on the verge of outperformance due to a structural improvement in both COE and the return on that equity, according to new research from UBS. Recent falls in COE – and signs that a … Continue reading

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Latin America: Niche players thrive in wealth management

The large investment and private banks have withdrawn from many small Latin American markets and in their wake there has been a proliferation of niche wealth management boutiques focused on the region’s high net worth individuals. In Uruguay’s capital Montevideo, … Continue reading

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Latin America’s capital markets: 2016 rebound looks unlikely

After enduring the worst year for Latin American capital markets since the financial crisis, bankers fear there will be little improvement in 2016. Katia Bouazza, HSBC With only slim prospects for a recovery in Brazilian deals, bankers are reluctant to … Continue reading

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Deutsche retreats from Latin America

Deutsche Bank’s decision to withdraw from five Latin American countries and redefine its role in Brazil, which will become its only regional office, is further illustration of the strategic difficulties facing international banks. Deutsche is leaving Argentina, Chile, Mexico, Peru … Continue reading

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LatAm central banks: Monetary policymakers need fiscal friends

Latin America’s leading central bankers have appealed for help from their finance ministers and highlighted the limits of monetary policy in weathering the severe terms-of-trade shock affecting the region. The slowdown in China and the end of the commodities super-cycle … Continue reading

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Brazil Banking: Bradesco bouyant, HSBC on the back foot

Bradesco’s senior management is reported to be delighted with the price paid for HSBC Brazil, despite its final bid having been more than expected. Meanwhile, the UK-based universal bank faces obstacles in its claims to be able to continue to … Continue reading

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Mexico leads but Brazil stirs from ECM slumber

Unifin’s successful Ps3.14 billion ($206 million) IPO in May confirmed Mexico’s status as the region’s strongest primary equity issuance market. However, with Par Corretora da Seguros’ IPO slated for early June, Brazil is showing signs of reawakening the interest of … Continue reading

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Mexico adds Euros to Century club

Mexican issuers and euro currency deals continue to dominate Latin America’s international DCM markets and – in the case of the Mexican sovereign’s 100 year trade – dramatically so. Mexico took advantage of benign market conditions, created by the European … Continue reading

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Currencies’ depreciation will test local appetite

International investors are increasingly looking at Latin America’s local currency markets, but foreign exchange volatility makes the buyside wary of losing any potential gains, as has happened with some recent deals. The mixture of currency and credit risk may be … Continue reading

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