Brendan O'Boyle

3 weeks ago | gurutrade.com | Marcela Ayres |André Romani |Brendan O'Boyle

BRASILIA, (Reuters) - Brazil's central bank said Monday it will sign a currency swap agreement with the People's Bank of China, with a maximum outstanding value of 157 billion reais ($27.69 billion) and a five-year term. The agreement, to be signed on Tuesday in Beijing during Brazilian central bank governor Gabriel Galipolo's visit to China, aims to provide liquidity to support financial markets in times of stress, the bank said.

1 month ago | gurutrade.com | Natalia Siniawski |Eliana Raszewski |Brendan O'Boyle

BUENOS AIRES, (Reuters) - Argentine state oil company YPF sank into the red in the first quarter, it reported on Wednesday, swinging to a net profit loss of $10 million, hurt by higher costs and capital expenditures and rising debt. The loss compares to last year's net profit of $657 million in the first quarter. In a statement on Wednesday, YPF said operating costs grew by 26.4% year-on-year.

1 month ago | today.westlaw.com | Stephen Coates |Brendan O'Boyle |Luc Cohen |Christopher Cushing

MEXICO CITY (Reuters) -Mexican cartel capo Ovidio Guzman is set to reach a plea deal over drug trafficking charges he faced in the Northern District of Illinois, U.S. court records showed on Tuesday.

1 month ago | today.westlaw.com | Nelson Renteria |Brendan O'Boyle |Sarah Morland |Aida Pelaez-Fernandez

SAN SALVADOR (Reuters) - A lawyer for ten Venezuelan men sent by the U.S. government to a prison in El Salvador says the Salvadoran government denied her access to meet with her clients. Kerry Kennedy, a human rights activist who is the daughter of...

1 month ago | gurutrade.com | André Romani |Brendan O'Boyle |Sarah Morland

MEXICO CITY, (Reuters) - Brazilian fintech Nubank said on Thursday that its Mexico arm received regulatory approval from the Mexican National Banking and Securities Commission to begin the process of becoming a full-service bank. In a statement, Nubank, one of the fastest-growing digital lenders in the world, said the process to secure the banking license in Mexico now requires a "rigorous regulatory audit" before obtaining final authorization.