Argentina’s Central Bank and regulators are looking into at least three of the nation’s banks – Galicia, BBVA, Banco Supervielle – for potential irregularities in transactions with government bonds and put options.The investigation seek to determine whether the banks tried to deliberately affect bond prices before exercising put options the next day. Once the banks respond to the Central Bank’s inquiries, the findings may be sent to CNV, which would then decide on next steps.
May 13, 2024
SOURCE: BUENOS AIRES TIMES
MORE COVERAGE: