Colombia’s peso spiked after government officials on Tuesday announced that Bancolombia will take over bond trading of InterBolsa, Colombia’s largest, failed brokerage firm, Bloomberg news reported. News that...
Colombia’s Finance Minister said the country’s biggest brokerage firm will be liquidated after risky investments and overzealous expansionism put the company in critical condition. The fate of InterBolsa SA has hung...
The state of Interbolsa, Colombia’s largest brokerage firm, is so dire, the only solution is for the company to be bought by a new investor, reported economic newspaper Portafolio Tuesday. Since Monday night, two banks...
