Latin America: Special focus

Latin America

The test for Pemex

Long seen as a proxy for Mexico, oil company Pemex faces new challenges after the implementation of landmark energy reforms. It could be the start of a long road to the IPO of one of the world’s most powerful energy firms

Mexican Central Bank Governor interview

Carsten stands by his rate cut

Mexico’s central bank surprised the market in June when it cut its base rate by 50 basis points. Euromoney’s central bank governor of the year in 2013 stresses that the credibility of the bank’s focus on inflation should not be doubted

Peruvian Central Bank Governor interview

Destination Peru

Lima will host the 2015 World Bank-IMF meetings. But will the country’s moment in the sun be blighted by the dark clouds of an economic slowdown?

Brazilian public banking sector

Short-term gain, long-term pain?

Dilma Rousseff has told Brazil’s public banks to boost the country’s flagging consumption until the elections with double-digit loan growth. Weakening credit quality and capital ratios are worrying analysts

Debate

Private banking clients in Brazil face challenging times, bankers concede. The economy is under pressure and the country could yet suffer stagflation. Furthermore, an unpredictable presidential race leaves markets in limbo. However, bankers are confident their well-educated client base will not over-react, and instead maintain their long-term strategies