MONETARY POLICY Argentina looks to ease bank reserve rules to boost liquidity 30-10-2025 15:31 Adjustment would aim to give banks more flexibility in managing their liquidity, though shift will only be marginal.
BUSINESS & FINANCE Meet the man who wants to run Latin America's most valuable company like a start-up 15-09-2025 10:29 Who is MercadoLibre's new CEO, the man who wants to run Latin America's most valuable company like a start-up? Ariel Szarfsztejn is inheriting the mantle of the e-commerce and fintech giant from Marcos Galperin at a time of mounting competition and talent constraints.
BANKING & FINANCE Milei clashes with top banks amid Argentina’s liquidity squeeze 20-08-2025 08:35 Liquidity measures have stoked tensions between the government and the country’s banks; Discontent became evident during a meeting.
BANKING & FINTECH UK fintech giant Revolut to acquire BNP’s Cetelem in Argentina 26-06-2025 14:46 Revolut, Europe’s largest digital bank, to acquire Argentina’s Banco Cetelem, a small local lender owned by BNP Paribas.
BUSINESS & FINANCE Mercado Pago will apply for Argentina banking licence 28-05-2025 23:27 Mercado Pago, the digital wallet and financial services arm of MercadoLibre, will request a banking licence from Argentina’s Central Bank.
FINANCE & BANKING Court halts transformation of Banco Nación into limited company 26-02-2025 18:06 Judge suspends implementation of decree from President Javier Milei seeking to transform state-owned Banco Nación into a limited company.
POLITICS & ECONOMY Milei opens up Argentina's largest bank to private capital 20-02-2025 13:15 Before travelling to the United States, Milei signs decree transforming Banco Nación into a public limited company; Privatisation had been previously proposed by the government, but Congress rejected it.
FINANCE & BUSINESS Nubank is taking new look at Argentina under Milei, CEO says 23-10-2024 12:13 Nubank “will watch” Argentina over the next 12 months, and is “taking a new look” at the country under President Javier Milei, says Chief Executive Officer David Vélez.
ECONOMY & POLITICS Banco de la Nación wants to sell debt after a 30-year hiatus 09-10-2024 12:11 Daniel Tillard, the new head of Argentina’s largest bank, wants state-run Banco de la Nación to re-enter international capital markets for the first time in three decades.
FINANCES & BANKING Mercado Libre hits back at Argentina's banks for ‘cartel’ tactics 26-08-2024 14:57 Mercado Libre accuses Argentine banks of “illegally concentrating” under one payments platform as an anti-competitive tactic against the company’s fintech arm, Mercado Pago.
MARKETS President Milei proves boon and curse for Argentine bank stocks 02-07-2024 11:30 Argentine banking stocks in New York are tumbling as the government slashes interest rates and crimps new borrowing.
BLOOMBERG – ANALYSIS HSBC joins firms exiting Argentina amid Milei's economic makeover 10-04-2024 15:24 Foreign companies reluctance contrasts with local optimism; Exxon and Clorox decided to divest investments in Argentina.
BANKING & BUSINESS HSBC sells Argentina division to Banco Galicia for US$550 million 09-04-2024 12:12 HSBC will sell its Argentina operation to Grupo Financiero Galicia for US$550 million, subject to price adjustments. Deal includes all of HSBC Argentina’s business, which ranges from banking to asset management and insurance, as well as US$100 million of subordinated debt.
CRYPTOCURRENCIES Bitcoin a dud in El Salvador, first country to make it legal tender 11-01-2024 13:10 A poll released Wednesday showed that 88% of El Salvadorans did not use bitcoin last year in El Salvador, the first country anywhere to make the cryptocurrency a form of legal tender.
Presidential handover Argentina stops banks from hoarding dollars ahead of devaluation 07-12-2023 13:34 Central Bank limits amount of foreign currency the nation’s commercial lenders can hold, in a push to discourage US dollar hoarding ahead of an expected devaluation by president-elect Javier Milei.
TRANSITION OF POWER Argentine banks flee to one-day notes amid government transition 24-11-2023 14:34 Banks are fleeing to short-term notes for even more liquid securities as President-Elect Javier Milei’s vague comments on the debt have stoked concern over how he’ll handle the assets.