Bank of New York Latin America Roundtable

Bank of New York Latin America Roundtable

LatinFinance: What is your perception and those of your clients of the changing environment in Latin America? Mr. de Ussel: Generally speaking there has been a tremendous amount of progress in the key countries in following generally accepted economic fundamentals and bringing economic stability. What we see today is a far more stable, far more mature geography from that of twelve months ago. Mr. Sturdy: If you take as a barometer of confidence what investors are doing then, at least on the equity side, in ADRs, we are seeing a vote of confidence by investors and it's being led by stricter standards and significant new invesments via ADR programs. Corporate governance is being taken far mo

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