latin america

Citi issues first ever letter of credit in the region denominated in the Chinese currency, allowing a client in the Peruvian retail sector to 'significantly improve conditions for its imports'

The bank’s Chinese and Korean clients now have dedicated relationship teams spanning most of the world.

As the old world of finance comes to terms with the mistakes of the past, the future unfurls on the sun-drenched beaches of Brazil. Confidence abounds within the Brazilian private equity sector and the usual boom-market hangers on. Welcome to the world of the Brazilianaires.

Cnooc makes its largest overseas investment to date, shelling out $3.1 billion for a 50% stake in Argentine oil and gas company Bridas Corporation.