As newly named head of the Latin American multi-asset trading & advisory team, Nicolas Schmidt-Urzua will be responsible for providing complex trading solutions to the firm’s most sophisticated capital markets clients, including active traders.
HSBC Private Bank appoints US head of investment services and product solutions
September 29, 2016 by
Russell Schofield-Bezer will be responsible for the development and delivery of investment services and offerings to clients, the performance of discretionary and advisory mandates in the region, and the development of new initiatives and product ideas for local distribution.
BBVA Bancomer ‘Estrategias’ fund family exceeds growth expectations
July 22, 2016 by
The new fund family - which includes funds allocating to global managers - responds to client requests for protection from external shocks, reducing volatility and preserving capital, says BBVA investment strategist Victor Piña Piñero.
Credit Suisse to shutter Panama private-banking office
May 26, 2016 by
The bank said the closure was unrelated to the recent Panama Papers leak, noting that is remains committed to the region via its presence in Mexico, Brazil and Chile.
Santander Brasil eyes Citigroup’s banking branches to grow wealthy clientele
March 30, 2016 by
Santander Brasil, the local unit of Spain's Banco Santander SA, wants to grow banking and other financial services for high net-worth clients, senior vice president Conrado Engel said at an event with investors in Rio de Janeiro.
To raise cash, BTG ponders sale of Swiss bank to EFG
February 19, 2016 by
EFG, the Swiss private bank controlled by billionaire Spiro Latsis and his family, would double its assets under management should the sale go through.
Itaú shopping for private-banking operations in Argentina and Mexico
January 28, 2016 by
Argentina and Mexico are the markets Itaú is considering for expansion, according to Ricardo Villela Marino, executive vice president and board member of the Brazilian behemoth.
Tax holiday on wealthy Chileans could alter local private-banking landscape
December 7, 2015 by
Repatriation or sunlighting of undeclared overseas assets could generate new flows to local private banks and wealth managers.
Morgan Stanley’s Latam wealth clients now need minimum of USD 500,000
August 22, 2015 by
Morgan said that clients with less than the USD 500,000 minimum will be serviced through an international call center, beginning in January 2016.
Santander Mexico seeks to profit from investor focus on value-added offerings
June 11, 2015 by
Santander Asset Management believes that new mutual fund regulations being drawn up in Mexico will help convert what is now a commodity-based industry to one that rewards managers and distributors that add value.
