Economic Recovery Top private bank Galicia expects lending business to surge 23-10-2024 11:36 Galicia, Argentina’s largest private bank, is expecting loaning business to surge in the portfolio, a sign of what some say is economic recovery in Argentina.
BANKS PROBED Argentina questions three banks on puts, bond transactions 13-05-2024 20:36 Argentina’s Central Bank and regulators are looking into at least three of the nation’s banks – Galicia, BBVA, Banco Supervielle – for potential irregularities in transactions with government bonds and put options.
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.