Almost 300 Colombians had $276.4 million parked on secret Swiss accounts managed by British bank HSBC, reported French newspaper Le Monde and investigative journalism collective ICIJ on Monday.
Colombia’s Bancolombia on Tuesday acquired HSBC Panama for $2.1 billion, reportedly the most ever paid by a local bank. Bancolombia’s bold move fits in with their apparent overall internationalization strategy. The…
The chief executive of Colombian bank Banco Davivienda SA said Tuesday its planned purchase of HSBC Holdings PLC’s businesses in Central America will grow the company by 20% and help…
Colombian bank Davivienda announced Tuesday it is taking over the operation of HSBC in Costa Rica, El Salvador and Honduras for $801 million. Davivienda, Colombia’s third largest bank, already has…
Colombian banks posted a combined net profit of $472 in January and February, up 0.8% on the same period in 2009, the country´s banking regulator said Monday, reports The Wall…