Latin America’s leading banks are likely to tap the equity markets more frequently to support their fast-growing lending businesses, according to senior dealmakers in the region.
"Banks will need capital because of the fast loan growth taking place in the region. There’s only so much tier 1 and subordinated debt they can raise so equity capital makes sense," says Mark Rosen, the new head of the Latin America financial institutions group at Bank of America Merrill Lynch, which he joined last month from Credit Suisse.
More capital
Huw Jenkins, managing partner at BTG Pactual, says: "If you look at...
