Roberto Setúbal, Itaú's President, said the second-largest Brazilian bank is keen on growing its business in Chile and in other Latin American countries and is considering acquisitions.
RBC to close Uruguay office
August 16, 2013 by
The decision is part of a strategic review of the Latin American business, said Aishling Cullen, a spokeswoman for the Toronto-based company.
Felipe Godard appointed new Head of Deutsche Wealth Management Latin America
August 13, 2013 by
He will be based in Geneva, Switzerland and will report to Haig Ariyan and Chip Packard, Co-Heads of Wealth Management, Americas.
Gonzalo Binello will move to London to take up a new role in Schroders
January 21, 2013 by
In February, Gonzalo Binello, the Head of Distribution Latin America (ex-Brazil) of Schroders, will move to London to take up a new role in the Global Financial Institution Group (GFIG).
BBVA may sell Latam pension businesses
May 25, 2012 by
Spain's No.2 bank BBVA may sell its Latin American pension fund businesses, joining the ranks of banks looking to shed operations outside their main markets to reduce risks and meet tougher capital rules.
Santander sells 50% of fund unit to Warburg, General Atlantic
May 31, 2013 by
The business was valued at about EUR2 billion, or nearly USD2.7 billion.
Former Tanner manager Claudio González opens family office
May 13, 2013 by
González created GH Capital Invest with a target of reaching USD20 million AUM in six months of operations with private clients and companies.
Axel Christensen named Chief Investment Strategist for BlackRock in Latin America and Iberia
April 30, 2013 by
He will provide asset allocation advice and customized BlackRock model portfolios to better meet the needs of clients throughout the region.
Bank of America puts non-US wealth arm up for sale
April 13, 2012 by
The deal could bring in up to USD3 billion or more than 3% of assets under management.
Baer seen close to buying Merrill’s non-U.S. wealth units
August 13, 2013 by
One source said that Baer could pay up to USD2 billion for the unit, which manages some USD90 billion for clients in Europe, Latin America, the Middle East and Asia.
