Amid a liquidity crisis, seven high-ranking Grupo InterBolsa board members resigned late Friday night. High-risk investments and rapid expansion have left Colombia’s biggest brokerage firm in a dangerously low cash…
Colombia’s financial markets regulator on Friday announced that it will take control of the country’s biggest brokerage firm, Interbolsa. The brokerage firm executes one third of the daily operations on…
Interbolsa SA, Colombia’s largest brokerage firm, expects the economy in the second quarter of the year to have expanded 5.1%, slightly higher than the central bank’s estimate of 4.9% growth.…
Colombian state-controlled electricity grid operator Interconexion Electrica SA (ISA) booked a consolidated net profit of COP315 billion ($165 million) in 2009, up 33% from a net profit of COP237 billion…
Colombia’s largest brokerage Interbolsa SA agreed to buy 100% of the Brazilian brokerage Finabank for 36 million reals (US$21 million), the company said in a filing to the Colombian market…