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BAML Defines LatAm Fee Opportunity

Sep 14, 2010

LatAm is an essential part of the business for Bank of America Merrill Lynch (BAML), according to Andrea Orcel, executive chairman of global banking and markets and president of EM ex-Asia. And investment banking represents just 5% of the potential fee pool. “The emerging markets are an enormous and critical opportunity,”...

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At a fundamental level, the issue is how to generate healthy returns in the medium to long term. Policy holders can see their fund go down over the course of a week or a month, but what we really should be looking at is returns over 20 or 30 years.

Daniel Schydlowsky, Peru’s banking, insurance and private pension fund regulator


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