Itaú BBA International has outlined a new strategy that leverages both its global presence and its Latin American expertise. Its head of corporate banking for North America, Europe and Asia, Renato Lulia-Jacob, explains why in an increasingly globalised and competitive market, the bank has chosen to position itself in this way.

Despite volatility in equity capital markets the world over, Brazil continues to make a compelling investment case. And in 2012, twice as many new names are expected to debut on Bovespa than did in 2011, driven by the consumer and infrastructure sectors. For international banks wanting to win mandates competition will be tougher than ever, as Brazilian players continue to dominate the equity market.

With traditional revenue streams taking a hit as a result of new regulations, retail banks in the US face a predicament. Should they risk losing customers by increasing their fees to cover costs, or is there another strategy that will appease shareholders and customers alike?

The role of central bank governor has come under increasing scrutiny over the past 12 months as markets in the developed world continued to wobble. The Banker recognises those who have led their countries’ economies  through what has been another tumultuous year.