Argentina

Companies | 31 Aug 16

Barclays has completed the sale of its Italian retail banking network, while Deutsche Bank is to sell its subsidiary in Argentina, as the banks continue to rationalise their footprints and business strategies.

Latin America | 6 Jul 16

Argentinean footballer Lionel Messi has been sentenced to 21 months in prison for tax fraud by a Spanish court after being found guilty of defrauding Spain of €4.1m (£3.5m, €4.6m) between 2007 and 2009.

Latin America | 18 May 16

In a bid to capture undeclared funds and assets from Argentines at home and overseas, Argentina’s national government has confirmed that it will offer a new tax amnesty this year.

Fixed Income | 5 May 16

Returning to the international market after a 15-year hiatus, Argentina raised $16.5bn in an oversubscribed debt offering last month, the largest ever for an emerging market. But, according to Scott Fleming, manager of the Kames Emerging Market Bond Fund, the risk was not appropriately priced.

Emerging Markets | 26 Apr 16

Argentina raised around $16.5bn on 18 April in its first sovereign bond sale in 15 years after a US judge lifted injunctions stopping the country from raising funds. But rampant inflation, job losses, and domestic strife spell trouble for this Cinderella story.