
Banking: The week in 10 stories
ARGENTINA
Political risk is keeping international property investors on hold as the October presidential election draws nearer, a sector expert told a conference.
A lawmaker died from an attack in Buenos Aires the week before and shocked the country. The government has ruled out that the fatal shooting was a politically-motivated attack.
BRAZIL
The Brazilian economy contracted in Q1.
Central bank governor Roberto Campos Neto said he was bullish on the benefits that an open banking model could bring to the country's financial system when implemented during 2020.
State-run lender Caixa will hire investment banks to handle an upcoming IPO for its insurance arm.
CHILE
The central bank said it has tightened its supervisory focus on the fast-expanding buy-to-let market.
MEXICO
The central bank left the key rate on hold and surprised analysts with a hawkish tone in the rate announcement.
A budget expert warned that Mexico could face a fiscal crisis due to mounting pension spending.
PERU
The Peruvian economy accelerated in March.
URUGUAY
March figures showed unemployment is on the rise due to a sluggish economy.
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News in: Political Risk & Macro (Brazil)

Brazil oil workers pressuring Petrobras to cancel divestments, retake assets
A major union has presented a series of demands to the state-run firm’s new CEO, Jean Paul Prates.

São Paulo’s Sabesp appoints new directors as privatization plan advances
The state-run sanitation giant appears to be preparing for privatization by replacing several people within its top management structure.
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