Banking

Will Moody’s Downgrades Affect Latin American Banking Operations?

July 15, 2012 Brazil

Moody’s Investors Service on June 21, 2012 downgraded more than a dozen major banks as they grapple with declining profitability and a weakening global economic environment. Q: Will the downgrades affect the banks’ businesses in Latin America and their customers in the region? Will the downgrades create opportunities for smaller financial institutions in Latin America? […]

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Foreign Account Tax Compliance Act (FATCA)

March 2, 2012 Commentary

New U.S. Regulations | Wide-Ranging Implications for Banks Operating in Latin America and the Caribbean The U.S. Internal Revenue Service and the Treasury Department recently released much-anticipated proposed regulations for implementing the Foreign Account Tax Compliance Act (FATCA). Wide-ranging implications for banks operating in Latin America and the Caribbean are expected. According the U.S. IRS […]

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