Investors hoping new president adopts pragmatic approach; proposed referendum raises more questions than answers.

President-elect cuts pay, uses new level as public-sector ceiling; BNP Paribas expanding in Mexico.

Latin American risk has fallen to its lowest in three years, according to Euromoney’s quarterly survey of economists and other experts, but individual countries are affected by local politics, protectionism and tightening global financial conditions to varying degrees.

Any slowdown in the economy of the country that consumes so much local output will bring short-term pain and should be a long-term warning.

Restricting Itaú’s purchase of XP is good for competition.

Bradesco Asset Management is the third-largest asset manager in Brazil, with R$600 billion AuM.

The sovereign borrower’s risk profile is more appealing with political uncertainty resolved and macro-fiscal indicators repairing.

Markets take Andrés Manuel López Obrador (Amlo) victory in stride; analysis shows Santander could outperform under next administration.

The bulge-bracket firms are back in Latin America – and their resolve will surely be tested over the next 12 months.

The industry needs a change in the macroeconomic environment.

Investment bank steps in as BNDES stops crowding out; an important first in local-denominated financing of large project puts down marker.

The new government has inherited a mess, with Euromoney’s survey signalling a further rise in risk in Q2 2018, but ECR experts believe proactive leadership can suitably address the issues.

A strengthening dollar is going to make life harder for emerging markets, whether you want to hear it or not.

There’s an old joke about a tourist approaching a local to ask for directions: The local considers, sucks on his teeth for a while and replies “I wouldn’t start off from here if I were you”.

Managed marine protected areas are an effective tool in coastal ocean conservation.

Bracher admits “severe pressure” to reduce spreads; credit portfolios tilting to SME and consumer segments.

Ground shifts under banks’ move to normalization; financial, economic and political uncertainties to dominate boardrooms.

It is one thing to simplify a business plan but quite another to execute it.

The country has blown its chances with its monetary mess.

Professor Niall Ferguson visited São Paulo in April to address Itaú’s annual MacroVision conference, and found time to sit down with Euromoney to talk fintech, social media and trade.

International investors blame political uncertainty; locals view sell-off as weakening carry-trade dynamics.