After a two-day meeting, the Federal Open Market Committee left the benchmark interest rate unchanged in a range of 1% to 1.25%. It also signaled that the Fed will begin shrinking its US$4.5tn in assets next month.
An unprecedented wave of technological innovation is rolling through the financial services sector. It is not necessarily a bad thing, delegates at a LatAm insurance conference were told.
Walmart Chile may offload part or all of its Presto credit card business to local bank Bci.
The Colombian credit provider hopes to win regulatory approval early next year to start operations mid-2018.
Peru's political troubles, and hopes for an economic recovery, took a turn for the worse, when President Pedro Pablo Kuczynski's entire cabinet was forced to resign after losing a vote of confidence in a hostile congress.
Would Latin American governments fall out of love with PPPs once they regain financial strength? BNamericas spoke to US lawyer Fradyn Suárez of Jones Day about this and other topics.