Banking & Capital Markets

Latin American & Caribbean banking, financial services, investment & insurance news

Eva Mitchell Promoted To CEO Of Trinidad & Tobago Stock Exchange

Eva Mitchell Promoted To CEO Of Trinidad & Tobago Stock Exchange

Mitchell's career spans two decades across the financial services sector, including experience at leading multinational financial services organizations. She has held various management positions and has extensive knowledge and experience in the areas of finance, asset management, retail and commercial banking and brokerage services.

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US DFC Approves $2.1 Billion USD in Global Development Investments

US DFC Approves $2.1 Billion USD in Global Development Investments

More than 65% of DFC’s capital approved this quarter will be deployed to low and lower-middle income countries, and fragile states. Many of the investments approved this quarter advance DFC’s 2X Women’s Initiative, Portfolio for Impact and Innovation (PI2), Health and Prosperity Initiative, and Connect Africa initiative as well as the Administration’s Prosper Africa and América Crece initiatives.

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Global Infrastructure Partners Closes 2 Funds WIth $2.8 Billion USD In Capital

Global Infrastructure Partners Closes 2 Funds WIth $2.8 Billion USD In Capital

GIP CAPS II has closed on aggregate Limited Partner commitments of $1.4 billion and GIP Spectrum has closed on aggregate Limited Partner commitments of $1.4 billion. The funds' diversified investor base includes public and private pension plans, sovereign wealth funds, insurance companies, financial institutions, asset managers, endowments and high net worth individuals located across North America, Europe, Asia and the Middle East.

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Fitch Sees Rising Latin American Debt Defaults

Fitch Sees Rising Latin American Debt Defaults

The number of defaults in 2020 is on pace to exceed that of 2019 with indications there will be more to follow, given 6 group-level defaults YTD compared with 6 in all of 2019, and the high number of ratings at ‘CCC’ or below categories.

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