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  • Banking: The week in 10 stories

    7/13/18
    REGIONAL Reported value of M&A deals in Latin America increased to US$45.6bn in the first six months from US$28.1bn in 1H17, despite multiple risks that included elections in several countries. As part of its regional...

  • Chile Watch: Santander, Bci, Orionx

    7/13/18
    The board of Santander Chile appointed former central bank president Rodrigo Vergara as an independent director and first vice president. Vergara (pictured) led the central bank from 2011-16 and was a part of President Sebastián Piñ...

  • Macro Watch: Peru

    7/13/18
    Monetary policy makers in Peru held the key interest rate steady at 2.75%. Annual inflation was running at 2.28% in June, within the central bank 's target range of 1.0-3.0%. Economic activity indicators "show clear signs of...

  • Reaching for regtech in Latin America

    7/13/18
    By Dino Sani, head of treasury services Latin America at BNY Mellon In efforts to avoid a repeat of the 2008 financial crisis, regulatory bodies have placed demands on banks to provide copious volumes of risk data for compliance....

  • Brazil to cut GDP forecast for 2018

    7/13/18
    The Brazilian government will in the coming week announce a reduction in its GDP growth forecast for this year. "We and market economists started the year with the expectation of GDP growth of 3%. Such expectations have been...

  • Brief: CEO of Brazil's Cielo to step down

    7/13/18
    The CEO of Brazilian card processor Cielo, Eduardo Campozana Gouveia, decided to leave his post due to personal reasons. He will be replaced next month, on an interim basis, by CFO Clovis Poggetti Junior. Poggetti Junior will...