Awards for excellence - Regional Awards - Latin America
The large foreign-owned banks now dominate in Latin America. Citigroup sees off BSCH's challenge for best bank, while JPMorgan picks up two awards. 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
Best M&A house in Latin America
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.
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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.