Veteran wealth manager Rafael Madan, formerly of Espirito Santo Bank and Wells Fargo Advisors, will manage the new office as executive vice president and branch manager. Mexican-owned Actinver already has US offices in Houston and San Antonio.
UBS names Velez head of Latin America wealth management
March 8, 2017 by
The Swiss bank said Velez would take on the role in addition to his current responsibilities as head of global ultra-high net-worth Latin America, effective immediately.
Santander, Intesa Sanpaolo to sell Allfunds Bank in USD 1.9 billion deal
March 7, 2017 by
"Our role as an investor, together with our partner GIC, will be to support the Allfunds team in accelerating growth, both organically and through select M&A," said Zita Saurel, managing director at PE fund Hellman & Friedman.
Cullen is first global firm to sign on with Becon Investment
February 15, 2017 by
On March 15, Jeff Cullen, managing director of Cullen, is slated to speak at a Becon-sponsored event for local advisors in Montevideo, Uruguay.
Natixis Global Asset Management names new CEO
February 13, 2017 by
Jean Raby has been named CEO of Natixis Global Asset Management, and will be in charge of the asset management, private-banking and private-equity business lines.
Merger consolidates two broker-dealer networks with deep ties to Latin America
February 7, 2017 by
Pending regulatory approval, Northeast Securities' international business operation will merge with Global Investor Services, creating a network with more than USD 8 billion in customer assets.
Andbank considers expansion into Argentina
February 7, 2017 by
Private-banking services for Argentines have largely been relegated to Uruguay since the early 2000s, when Argentina defaulted on its debt and the banking system collapsed.
UBS report reveals soaring investor optimism overall in early 2017
February 7, 2017 by
"Investors are more willing to move cash off the sidelines and increase investments, while business owners are set to increase capital spending and hiring," said Paula Polito, client strategy officer of UBS Wealth Management Americas.
BlackRock Study: Institutional investors to put cash to work in 2017
February 3, 2017 by
"Reflation is set to take root this year and could well be the final prompt that institutions have needed to rethink their cash allocations and views on risk," said Edwin Conway, global head of the institutional client business at BlackRock.
BNY Mellon expands role of Iberian head Evers to include Latam
January 25, 2017 by
Antonio Salvador Nasur will continue in his regional role based in Santiago, Chile, reporting directly to Sasha Evers, who is based in Madrid.
