HSBC Supports Member Discussion in Timely LATMPG Meeting
Along with members of our Latin American Treasury Managers' Peer Group (LATMPG), we want to thank HSBC for sponsoring last week's meeting in Miami. HSBC's Senior FX Strategist Maya Hernandez set up member discussion well with her presentation on the two economic speeds of the region and what differentiates the runners from the walkers. Contributions from her colleagues, starting with tips on ways to shift money out of markets that look more like walkers, or worse, were also always timely. Plus, insight into using SWIFT in Latin America to better bridge global and local banks used in region fits the bank relationship realities faced by most MNC treasuries and best practices shared by members.
Of course, we appreciate our member contributions very much also; in particular, the framework with which to monitor developments in Venezuela, given the uncertainty surrounding its political leadership. Thanks to all who helped make this meeting a success.