Local Investment Bank − Chile: Larrain Vial
Larrain Vial, one of Chile’s most active investment banks, believes it will fare well after the recent turmoil on Wall Street, which should diminish competition. And it does not think the reputation of investment banking generally has been tarnished.
The bank, which is owned by the Larrain Vial family and a
partnership, has 19 partners involved in investment banking,
advisory and fund management activities. By world standards, in
terms of its size, it would be classed as a boutique. But by
Chilean levels, it is really a fully-fledged investment bank,
says José Miguel Barros, partner and director of
It is never good news to see people losing money and
competitors having hard times. However, if we look at it from a
selfish point of view, we have to say that it is good for us.
We will have less competition from foreigners, as international
investment banks will be more focused on their local
The bank advises companies in all finance...
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