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Panamericano Stumbles to Market

Nov 14, 2007

Brazil's Banco Panamericano succeeded in pricing an IPO Tuesday, but raised 28% less than it had originally hoped for. The offering was slated to come...

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The most pressing issue is related to guaranteeing this growth of the system, the savings. We have to guarantee that this growth is followed by better asset managers on the side of the Afores.

Carlos Ramírez, Mexico’s pension regulator, Consar


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