LatinFinance - November/December 2016 - 1

ROBERTO SETÚBAL, ITAÚ UNIBANCO

"NEW ENTRANTS WILL
BE MORE COMPETITIVE
AND WE HAVE TO PAY
ATTENTION TO THEM.
PROBABLY FINTECHS
WILL TAKE SOME SHARE
OF THE MARKET"

Venezuela

24/ Juggling act

Strategic and portfolio investors come to terms with the
sovereign's rising risk of default
Banking

27/ Unrealized
potential

The secretary-general of Latin
America's banking federation
on growth and regulation

SPECIAL REPORT
BANKING TECHNOLOGY

29/ New tech threat

Fintechs, microfinance and
the changing global payments
arena

COVER STORY
AWARDS & SURVEYS

Itaú's
new era

Banks of the Year

13/

36/ Best in class

LatinFinance's annual recognition of the most impressive financial institutions across Latin
America and the Caribbean

A pivotal moment
approaches for Latin
America's largest bank

REGULAR COLUMNS
LatinFinance® (USPS 004-662), (ISSN
1048-535X) is published bi-monthly 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
to return Mail to: PO Box 4009
Chesterfield, MO 63006-4009, USA.
©2016 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.

FEATURES

2/ Front notes

Venture capital

4/ People news

An initiative to foster entrepreneurial activity is attracting
global attention

The economics of No

8/ Bonds news
9/ Loans news
10/ Equity & M&A
news
52/ Parting shot

Colombian Finance Minister
Mauricio Cárdenas is defiant
on the country's tax reform
prospects

19/ Chile's incubator

Investment banking

22/ Refocusing

Citi turns to its core strengths
in LatAm, argues regional CEO
Jane Fraser

ON THE COVER

Growth and renewal
Photographed by
Fredrik Broden

NOVEMBER/
DECEMBER
2016
CONTENTS

November/December 2016 - L ATINFINA NCE.COM 1


http://www.LATINFINANCE.COM

Table of Contents for the Digital Edition of LatinFinance - November/December 2016

Contents
LatinFinance - November/December 2016 - Cover1
LatinFinance - November/December 2016 - Cover2
LatinFinance - November/December 2016 - Contents
LatinFinance - November/December 2016 - 2
LatinFinance - November/December 2016 - 3
LatinFinance - November/December 2016 - 4
LatinFinance - November/December 2016 - 5
LatinFinance - November/December 2016 - 6
LatinFinance - November/December 2016 - 7
LatinFinance - November/December 2016 - 8
LatinFinance - November/December 2016 - 9
LatinFinance - November/December 2016 - 10
LatinFinance - November/December 2016 - 11
LatinFinance - November/December 2016 - 12
LatinFinance - November/December 2016 - 13
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LatinFinance - November/December 2016 - 18
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LatinFinance - November/December 2016 - 52
LatinFinance - November/December 2016 - Cover3
LatinFinance - November/December 2016 - Cover4
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