Banking: The week in 10 stories

BRAZIL

Brazil's GDP expanded 1% in 2017 to 6.6tn reais (US$2.03tn) after contracting 3.5% in 2016 and the same amount in 2015, according to statistics office IBGE.

The volume of loans in the financial system contracted in January despite the country's economic improvement, as companies showed no demand for new loans.

The supreme court approved an agreement signed between banks and their clients, ending a lengthy legal dispute regarding monetary correction of savings accounts, applied during the government's economic stabilization plans in the 1980s and 1990s.

MEXICO

To great applause from the public and private sectors, legislation establishing a much-needed regulatory framework for Mexico's burgeoning fintech industry was passed by 264-61 votes Thursday in the lower house of congress, establishing much-needed rules governing tech firms working with disruptive technologies, including cryptocurrencies, crowdfunding and peer-to-peer financial tools..

ARGENTINA

Argentina's central bank held the country's key interest rate steady at 27.25% amid signs of rising inflation and following a weakening of the peso.

COLOMBIA-CHILE

The CEO of Chilean lender Itaú CorpBanca said its Colombian unit may climb out of the red in 2018 after having posted losses in the country over the past few years.

CHILE

Chile's banking sector continued to fatten its bottom line in January.

Changes to Chile's pension system proposed by the outgoing government of President Michelle Bachelet would "go in the right direction," the OECD said.

CARIBBEAN

Closing a two-day conference of Caribbean governors and representatives from the Inter-American Development Bank (IDB), regional leaders called for a coordinated approach towards the digital transformation of local economies.

VENEZUELA

Presidential elections in Venezuela have been postponed by a month to May after a group of opposition parties struck a deal with the government, according to the national election council (CNE).

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We found 13 results for Banking & Technology in United States, you might also be interested in: Banking in United States, or browse through our full index

  • Citibank, N.A.

    10/9/18
    Citibank N.A., the consumer banking arm of US financial services multinational Citigroup Inc., provides consumers, corporations, governments and institutions with financial products and services, including consumer banking and credit, ...

  • BB&T Bank

    5/5/17
    US-based BB&T Bank offers financial services including: consumer and commercial banking, lending, trust and wealth management solutions, insurance and investing & retirement. It serves the North American market and also...

  • The Carlyle Group, L.P.

    2/3/17
    The Carlyle Group is an alternative asset manager firm managing 125 funds and 177 fund of funds vehicles and investing across four segments in a wide variety of industries. Carlyle serves more than 1,750 investors, including public...

  • Surecomp

    8/21/18
    Established in 1987, Surecomp is an international banking software development company, specializing in trade finance solutions. Its products include electronic banking, confirmation matching, internet-based trade finance, front and...

  • Fiserv, Inc.

    3/7/18
    The US-based firm Fiserv, Inc., incorporated in 1984 in Brookfield, offers financial technological solutions for Money management such as payment solutions and processing solutions for accounts, credits, debts and loans; as well as...

  • Mizuho Americas LLC

    4/3/18
    Mizuho Americas LLC, subsidiary of the Japanese Mizuho Financial Group established in the year 2016 in Nueva York, offers bank and financial customized advisories, services and solutions at an international scale for corporations,...

  • LexisNexis

    11/28/17
    The US-based firm LexisNexis, founded in 1973 and headquartered in New York, is an international company providing information, technology and analytics through its business lines Legal & Professional and Risk Solutions, both...

  • Citibank Latin America

    5/23/17
    Citibank Latin America is the regional unit of multinational financial services company Citibank. The regional division was founded in 1904 and it started operations in Panama, through the International Banking Corporation. The first...

  • Baker Botts

    5/4/17
    US-based Baker Botts is a law firm that provides legal advice for organizations and individuals in matters such as commercial litigation, regulatory, environmental and legislative policy, capital markets, strategic alliances, tax...

  • Duff & Phelps Corp.

    3/27/17
    US-based Duff & Phelps Corp. engages in the valuation and corporate finance advisory with an expertise in disputes and investigations, merger & acquisitions, real estate, restructuring, and compliance and regulatory consulting....

  • The Debt Exchange, Inc.

    12/27/16
    The Debt Exchange (DebtX) is an American advisory focused on commercial, consuming and specialty finance debts. DebtX provides services of lean sales, evaluation & analysis, and technology solutions to financial institutions...