Argentina Working With Banks to Expanding Dollar Lending
Argentina’s government is pushing banks to expand dollar lending to more sectors, Economy Minister Luis Caputo said.The initiative aims to…
JPMorgan Plans to Hire 1,500 Workers for Global Hub in Argentina
JPMorgan Chase & Co. plans to add 1,500 workers to its Buenos Aires corporate center over the next five years…
Argentina’s Largest Bank Wants to Sell Debt After 30-Year Hiatus
Banco Nacion, the state-run bank that has two and a half times the assets of its next competitor in Argentina,…
Mercado Libre files suit against Argentina’s main banks for cartelization
Mercado Libre filed a complaint with the National Commission for the Defense of Competition (CNDC) against Argentina’s main banks for…
BBVA planning to leave Argentina?
Buenos Aires’ financial circles are preparing for yet another departure of a banking giant from the South American country: BBVA,…
HSBC To Offload Argentina Business
HSBC Holdings plc, Europe’s largest bank by market value, announced its decision to sell its business in Argentina to Grupo…
Galicia eyes HSBC’s Argentina ops
Argentine financial services firm Grupo Financiero Galicia, is in talks to acquire HSBC’s local operation. The two lenders have signed…
Argentines put US$2.3 billion into banks, signaling faith in Milei
Argentines have deposited more than US$2.3 billion into dollar-denominated local bank accounts since President Javier Milei took office December 10,…
Argentina Banks Warn Against Inflation Bonds as Price Hikes Cool
Banks and funds in Argentina are telling clients to ease off short-term bonds with interest payments linked to inflation. Recession…