News of banks

Argentina’s peso mess is delivering windfall profits to brokers

14-04-2021 15:12 In Argentina, financial markets are all but dead. From stocks to bonds to traditional foreign-exchange venues, trading volumes are razor thin. Except, that is, in one unusual corner.

Buenos Aires bankers’ return to office imperiled by Covid surge

07-04-2021 17:07 Several of Argentina’s largest banks succeeded at getting more employees back to headquarters as the virus toll abated in South America’s second-biggest economy. A rising case count now puts that path into question.

Banks block accounts of those suspected of trying to circumvent dollar quota

17-07-2020 00:11 At least three of country's biggest banks have started to block dollar purchases via online platforms for clients suspected of using loopholes to purchase greenbacks beyond the US$200 limit.

Martin Wolf: ‘This is potentially a hinge moment in history’

02-05-2020 08:25 Martin Wolf, chief economics commentator for the Financial Times, discusses the economic fall-out from the coronavirus pandemic, in an exclusive interview with Perfil’s Jorge Fontevecchia.

by Jorge Fontevecchia

Miguel Pesce: ‘In this emergency, the mechanism is printing money’

11-04-2020 10:07 Central Bank chief Miguel Ángel Pesce on the economy, printing money, the coronavirus pandemic and the problems that lie ahead.

by Jorge Fontevecchia

Government plans to ease lockdown with limited reopening of banks

07-04-2020 08:57 Isolation measures to tackle the Covid-19 coronavirus pandemic will be lifted to allow branches to offer limited services, Bloomberg reports.

Argentina faces catch-22 on peso debt bomb after swap tradeoff

06-03-2020 15:37 The local debt of 1.8 trillion pesos (US $29 billion) is an amount roughly equivalent to all the cash in circulation in the country.

Lagarde still the exception in male-dominated central banks

06-03-2020 08:00 Christine Lagarde’s appointment to lead the European Central Bank was a landmark event in improving gender diversity in economic policy making, but global central banks still have a long way to go.