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Panamericano Quashes BVA Bond

Nov 16, 2010

Fallout from Banco Panamericano’s regulatory troubles has forced Banco BVA to postpone a 2013 bond it had begun marketing last week, according to investors. Concerns over the troubled mid-sized Brazilian bank are...

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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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