| Headline: Regional Awards - Latin America Source: Euromoney Date: July 2001 Author: Felix Salmon Best Bank in Latin America Citigroup Best debt house in Latin America JPMorgan Most improved debt house in Latin America CSFB Best equity house in Latin America Merrill Lynch Best M&A house in Latin America Goldman Sachs Best bank at risk management in Latin America JPMorgan Best bank at transaction services in Latin America Citigroup Best bank at treasury in Latin America BSCH There have been high hopes for Latin American capital markets for the best part of a decade, but the region has not done as well as many expected. Local equity markets are tiny and shrinking; bond markets are dominated by two sovereign issuers; spreads are wide, and it could be decades before they return to the levels seen in 1996-97.
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