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<b>Regional Awards - Latin America</b>

Headline: Regional Awards - Latin America
Source: Euromoney
Date: July 2001
Author: Felix Salmon

Best Bank in Latin America

Best debt house in Latin America

Most improved debt house in Latin America

Best equity house in Latin America
Merrill Lynch

Best M&A house in Latin America
Goldman Sachs

Best bank at risk management in Latin America

Best bank at transaction services in Latin America

Best bank at treasury in Latin America

There have been high hopes for Latin American capital markets for the best part of a decade, but the region has not done as well as many expected. Local equity markets are tiny and shrinking; bond markets are dominated by two sovereign issuers; spreads are wide, and it could be decades before they return to the levels seen in 1996-97.

Weill: celebrates Citi’s move for
Mexico’s biggest bank

In this atmosphere, banks need both sheer size and a strong long-term commitment to the region in order to weather the crises and turn a profit.