Focus on Latin America
The region is buoyant and, aside from concerns about the political direction of a handful of countries such as Bolivia, Ecuador and Venezuela, the future appears bright. Nowhere is the excitement greater than in the investment banking industry. The M&A, equity and debt markets are all booming at the same time – an unprecedented situation.
The region’s rapid growth is changing the investment banking landscape beyond recognition as the fee pool grows. How are the major international firms tackling the opportunities, and which new products are creating the biggest buzz?
As Latin America’s local markets develop strongly, banks are still figuring how best to cover them. Should they buy a target, grow organically or even consider a local tie-up? And which markets should they be present in?
Brazil specifically – not Latin America – is one of ABN Amro’s four core markets. And there’s every indication that the Dutch bank intends to keep things that way.
The growth in volumes may be higher across the region, but a NYSE listing still has big advantages for the right companies at the right stage of their development.
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.
Brazil’s investment banks have always been strong competitors in their home market. Now, as the country’s corporates flex their muscles on the global stage, Lawrence White reports on whether banks such as Itaú and Votorantim see themselves as international contenders.
With acquisition opportunities elsewhere in Latin America now few and far between, global banks are increasingly turning their attention to the economically vibrant and rapidly integrating central American region.
Latin America’s best companies, like its capital markets, are beginning to find their bite. Boldness is the buzzword in a stable environment of 5% regional economic growth. For a growing club, foreign markets are the targets for
home-grown Latin success stories.
Latin America’s financial community should have a spring in its step when it gathers in Guatemala later this month for the Inter-American Development Bank’s annual meeting. The region is buoyant and, aside from concerns about the political direction of a handful of countries such as Bolivia, Ecuador and Venezuela, the future appears bright.