SANTIAGO – Spain’s Banco Santander said it had sold its U.S. unit Totalbank to Chile’s BCI for US$528 million as part of moves to sell non-core assets it inherited when it bought Banco Popular. BCI […]
Isabel Cocker/The Santiago Times Staff SANTIAGO – The chief superintendent of Banks and Financial Institutes says Chileans are “financially illiterate”. This October marks the fourth annual “Month of Financial Education” held by the Superintendence for […]
SANTIAGO – The Chilean government on Monday moved to Congress a bill that aims to modernize the country’s banking system by adopting strict international bank capital requirements known as Basel III. The bill seeks to […]
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