With the idea of competing in the high-net-worth and private-banking segments, Grupo Sura is now seeking an agreement with a local brokerage firm, Pablo Sprenger, Sura's country CEO, said.
Scotiabank property to take over Citi’s retail banking network in Colombia
February 12, 2018 by
Acquisition of Citi's 47 branches and 424 self-service access points across Colombia fits with Scotiabank's strategy to increase scale in Pacific Alliance economies of Colombia, Mexico, Chile and Peru," said the firm's Nacho Deschamps,
EuroAmerica AGF closed 2017 as a market innovator
February 12, 2018 by
The Chilean asset manager launched a string of diverse products, including Argentine equity and fixed-income vehicles that captured the attention of institutional and family-office clients.
Julius Baer boosts Brazilian wealth presence with Reliance acquisition
February 10, 2018 by
Julius Baer, which already purchased multi-family office GPS Investimentos in Brazil, has agreed to acquire 95% of Reliance Group, another large independent wealth firm.
MFS opens Americas sales hub in Miami
February 10, 2018 by
An initial executive at the new Miami office will be Eric Figueroa, who was named regional representative for the Colombian market.
Franklin Templeton names representative in Chile for non-AFP clients
January 29, 2018 by
Gonzalo Ramírez, formerly with Legg Mason, will head the new office. The relationship with AFPs will stay in the hands of Vision Advisors.
BlackRock-Banamex tie-up in Mexico promises to upend the market
January 16, 2018 by
Who wins and who loses when BlackRock takes over CitiBanamex's asset management operation in Mexico?
LarrainVial to promote Invesco funds in Uruguay/Argentina market
January 15, 2018 by
Invesco products being offered initially in Argentina and Uruguay will reportedly be linked to European equities, according to Larrain's Sebastián Caronni.
Vanguard names sales executives to Mexican team
January 15, 2018 by
Among the hires was sales consultant Denise Casellas, formerly with Sura Asset Management and Santander Asset Management.
Boosted by AUM growth, JP Morgan to open Colombian office
January 9, 2018 by
Giacomo Grage, who until now has been working from JPM's Andean flagship in Santiago, will head the initiative in Bogota.
