Argentina
Best domestic bank: Banco Galicia
Best foreign bank: Banco Frances
Best domestic bond house: Banco Galicia
Best foreign bond house: Deutsche Bank
Best domestic equity house: Provincia
Best foreign equity house: Banco Rio
Best foreign M&A house: Merrill Lynch
Banco Galicia has responded well to the invasion of its market by foreigners – in particular to the threat from BBVA, which took over Frances, and BSCH which owns Banco Rio de la Plata. Even with the extra competition it has been able to grow its market share.
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