Latin America: MBA looks to graduate with regional honours

The Argentine local investment bank says it wants to become the region’s number one. It’s a bold aspiration for a firm in a country still recovering from crisis. Lawrence White visits Buenos Aires to find out how the bank plans to do it.

IT’S A SCORCHING February afternoon in Buenos Aires’ Plaza de Mayo, and even the protesters seem exhausted. Evita and the Peronists once gathered here; the place has seen bombings, riots and countless rallies, but today’s demonstration against unemployment is tempered by the oppressive heat. It has been five years since Argentina defaulted. Although today’s weary flag-wavers and drum-beaters are correct in proclaiming that poverty is still rife, it is also true that president Néstor Kirchner has just overseen four consecutive years of 8%-plus growth.

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