Chile: Larrain Vial sets up in the US

Better access offered to foreign institutional investors; IPOs a tempting prospect in Chile

Claudio Larrain, Larrain Vial

“I think registration in the US will open more doors for us”

Claudio Larrain, Larrain Vial

Larrain Vial, the leading Chilean investment bank and asset manager, has become the country’s first financial group to register a broker-dealer affiliate in the US, a move that should help it to attract more international clients. In August, the Financial Industry Regulatory Authority (Finra), which regulates all 4,700 brokerage firms that operate in the US, admitted the firm as a member.

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