Grupo Santander announced the creation of a new holding company, composed of Santander, Warburg Pincus and General Atlantic. Under the terms of the agreement, Warburg Pincus and General Atlantic will jointly control 50% of the holding company. Banco Santander Chile will distribute the products of the fund manager for a period of 20 years.
BNY Mellon announces hiring of Koelle and Salomonde
December 8, 2013 by
Koelle replaced René Boettcher. Salomonde, meanwhile, replaced Zeca Oliveira, one of three executives under the microscope for supposed “irregularities” at the firm. Oliveira and two others were officially dismissed from the company in early December, allegedly in connection with the “irregularities” mentioned above.
Itau BBA hires Mexico CEO with plan to open broker-dealer
December 7, 2013 by
Banco Itau hired Alberto Mulas, Mexico’s first national housing commissioner, to lead the firm’s corporate and investment-banking expansion there.
CCR monthly approval report – November 2013
December 1, 2013 by
A rundown of the financial instruments approved, rejected and affirmed by the Comisión Clasificadora de Riesgo. Month of November 2013.
USD2 billion pension portfolio in Latam whets appetite of Itaú AGF
May 23, 2012 by
The local manager of the Brazilian group has just registered a mutual fund with the Risk Rating Commission and hopes to attract investments from pension funds.
Celfin joins Threadneedle and goes for another manager
May 16, 2012 by
The move consolidates their foreign manager platform which also includes Henderson, Aberdeen, Credit Suisse and Barings.
Credit Suisse names Pereira as Brazil CEO
May 15, 2012 by
Credit Suisse Group named José Olympio Pereira as chief executive of its Brazilian unit, overseeing investment banking, private banking and asset management divisions. He replaces Antonio Quintella.
Itaú will not be the only AGF with ETFs based on the IPSA or IGPA indexes
May 2, 2012 by
The exclusive agreement with the Santiago Stock Exchange relates to commercial use of the brands but does not limit their replication by other managers.
Pimco to Open Office in Brazil
April 18, 2012 by
Pimco will operate in Brazil as PIMCO Latin America Administradora de Carteiras, and will be regulated by the CVM.
JP Morgan to sponsor two additional PIMCO ETFs
April 17, 2012 by
The new PIMCO ETFs, PIMCO 0-5 Year High Yield Corporate Bond Index Fund (HYS) and PIMCO 25+ Year Zero Coupon US Treasury Index Fund (ZROZ), are listed on the Bolsa Mexicana de Valores in pesos and trades can be initiated through a local broker.
