People often say that Latin America's relevance to the capital markets and the global economy is shrinking and, as a result, investment banks and investors aren't nearly as interested in the region as they once were. Asia is where all the excitement and big capital market deals are happening.
As the gigantic US investment banks get bigger, the harder it becomes to interest top management in the region or to attract talent to work in Latin America. Some countries (Chile, Colombia, Peru, Ecuador) have GDPs that are not much greater than the annual revenues of a large US corporation, and one old-timer on Wall Street said recently that the...
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