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 32 results for Banks in United States, you might also be interested in: Port 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, ...

  • Citigroup Inc.

    9/27/18
    Citigroup is a global financial services company that serves clients in more than 160 countries worldwide, providing consumer banking and credit, corporate and investment banking, securities brokerage, trade and securities services,...

  • JP Morgan Chase & Co.

    9/27/18
    JPMorgan Chase & Co. is a US financial holding company with operations in more than 60 countries. Its principal bank subsidiaries are JPMorgan Chase Bank, National Association and Chase Bank USA, National Association. The company...

  • Goldman Sachs Group, Inc.

    9/27/18
    Goldman Sachs Group, Inc. is a leading investment banking, securities and investment management firm providing a range of financial services to corporations, financial institutions, governments and individual investors. The New York-ba...

  • Jones Walker LLP

    5/23/18
    US-based law firm Jones Walker LLP provides nationwide and international services, and handles international transactions with a focus on Latin America, Europe, and Asia. Its client base comprises multinational companies, public and...

  • Simon International, LLC

    5/23/18
    US-based Simon International, LLC is a consulting company with a focus on research and risk assessment services, and the early stages of deal-making. Its services include investigative due diligence, targeted at the company to be...

  • Fitch Ratings, Inc.

    5/4/18
    Fitch Ratings, Inc. is a global provider of credit ratings and research. Founded in 1913, the company is part of the Fitch Group, which also includes market data provider Fitch Solutions, learning and development solutions provider...

  • MSCI Inc.

    9/25/17
    MSCI is a global provider of investment decision support tools. Founded in 1969 it is present in 24 countries worldwide and specializes in indices, portfolio risk and performance analytics, and governance tools. The Company operates...

  • 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...

  • Bank of America Corp.

    9/29/17
    Bank of America Corp. is one of the world's largest financial institutions, serving consumers, small and middle-market businesses and large corporations with a full range of banking, investment, asset management and other...