LatinFinance - November/December 2013 - 1

JAN DEHN, HEAD OF RESEARCH AT ASHMORE INVESTMENT MANAGEMENT

"THIS IS THE FIRST
TIME EVER THAT
WE'VE SEEN A REALLY
BIG, MATERIAL
SELL-OFF IN EM NOT
CAUSING REAL MONEY
TO SELL"

Insurance

34/A matter of risk

Insurer's growing assets are
making them more important
players in bond markets

AWARDS & SURVEYS

Banks of the Year 2013

39/ Holding firm

The best lenders are keeping
bad loans in check, and preparing for leaner times ahead

COVER STORY

Can it be
repaired?
12/

Investors are returning cautiously to local
currency debt after a
collapse in prices earlier
in the year

REGULAR COLUMNS
LatinFinance® (USPS 004-662), (ISSN
1048-535X) is published bi-monthly with
an additional 25th Anniversary bonus issue
published in August by Latin American
Financial Publications, Inc., 1101 Brickell
Avenue, Suite N1200, Miami, Florida,
33131 USA. Periodicals postage paid
at Miami, FL and at additional mailing
offices. POSTMASTER: SEND ADDRESS
CHANGES TO 1101 Brickell Avenue, Suite
N1200, Miami, Florida, 33131 USA.
©2013 Latin American Financial
Publications, Inc.
All rights reserved. Reproduction in whole or
in part of any text, photograph, or illustration
without written permission from the publisher
is strictly prohibited.
Title is protected
through a trademark
registration with the
US Patent Office.
LatinFinance Roundtables and Special
Reports are underwritten by sponsors,
although the magazine's editors retain
control over the content of these articles to
ensure their objectivity and independence.

02/ Front Notes
04/ Loans &
people news

FEATURES

Basel III

22/ Strengthening
the base

06/ Bonds news

New capital rules are calling
for Latin banks to rethink their
structures

08/ Equity news

Argentina

10/ M&A news

As debt negotiations stretch
out, the sovereign's situation
becomes ever more precarious

64/ Parting Shot

Colombia's finance minister
Mauricio Cardenas warns that
without a more aggressive
program of domestic investment, economic growth rates
will decline

26/ Defying default

Asia-LatAm

ON THE COVER
ALL TORN UP: Prices on bonds
in local currencies fell apart this
year. Photographed by Fredrik
Broden

NOVEMBER/
DECEMBER
2013
CONTENTS

30/ Private drivers

Korean companies and banks
are growing their investments
in the region

November/December 2013 - L ATINFINA NCE.COM 1



http://www.LATINFINANCE.COM

LatinFinance - November/December 2013

Table of Contents for the Digital Edition of LatinFinance - November/December 2013

Contents
LatinFinance - November/December 2013 - Cover1
LatinFinance - November/December 2013 - Cover2
LatinFinance - November/December 2013 - Contents
LatinFinance - November/December 2013 - 2
LatinFinance - November/December 2013 - 3
LatinFinance - November/December 2013 - 4
LatinFinance - November/December 2013 - 5
LatinFinance - November/December 2013 - 6
LatinFinance - November/December 2013 - 7
LatinFinance - November/December 2013 - 8
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LatinFinance - November/December 2013 - Cover3
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