Banking: The week in 10 stories


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.


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'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.


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'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.


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.


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).


We found 6778 results for Banks in Banking, you might also be interested in: ICT in Banking, or browse through our full index

  • BNP Paribas S.A.

    French bank BNP Paribas S.A. is active in over 70 countries providing banking and financial services through products in the areas of retail banking and services, and corporate and institutional banking. Its portfolio includes rental...

  • HSBC turns focus to Brazil

    UK banking giant HSBC is planning to boost its presence in Latin America's largest economy. In 2015, HSBC and local bank Bradesco announced a deal in which the former sold its Brazilian operations to the latter for US$5.2bn. "Bra...

  • Brazil's Cielo names new CFO

    The board of Brazil's largest card processor, Cielo, has appointed a new CFO and investor relations director. Gustavo Henrique Santos de Sousa will replace current CFO and IR director Clovis Poggetti Junior, who will pursue new...

  • Brazil airport auctions take off smoothly

    The Brazilian government obtained much more than originally expected at Friday's auction of 12 regional airports, marking a success in the first step of its ambitious agenda of concessions and privatizations against the backdrop of...

  • Augmented reality

    By Didier Saint-Georges, Member of the Investment Committee and Managing Director, Carmignac As we sensed at the beginning of the year, stock markets recovered sharply from the mood of panic prevailing at the end of 2018, through a ...

  • Brazil congress to probe BNDES loans

    The head of Brazil's lower house, Rodrigo Maia, authorized the creation of a parliamentary inquiry commission (CPI) to investigate loans past administrations of development bank BNDES authorized to other countries. Now, leaders of...