Davivienda Takes Brokerage

Mar 1, 2013

Colombia’s Banco Davivienda has agreed to purchase brokerage Corredores Asociados for COP120bn ($66m) cash, it says, in the latest example of both Davivienda’s expansion and of the snapping up of the country’s local...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management