Describes the development of the financial system in Argentina after the “tequila crisis” that came as a result of speculative attacks on the Mexican peso’s peg to the U.S. dollar in December 1994 about. Although Argentina’s banking system was implemented due to changes in total to have been strengthened to cope with the crisis, most of the country’s domestic private banks either failed or been taken over by foreign banks. Focuses on how in 2000, in an effort to remain Argentinian needed, the last remaining … Read more »

Describes the development of the financial system in Argentina after the “tequila crisis” that came as a result of speculative attacks on the Mexican peso’s peg to the U.S. dollar in December 1994 about. Although Argentina’s banking system was implemented due to changes in total to have been strengthened to cope with the crisis, most of the country’s domestic private banks either failed or been taken over by foreign banks. Focuses on how in 2000, in an effort to Argentine ownership will remain the last remaining large domestic private bank accounts for some as an offer – especially a vocal member of the Bank’s controlling families – as unfair to minority shareholders.
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from
Rafael Di Tella,
Tarun Khanna,
Huw Pill,
Ingrid Vogel,
Alexandra Alquier
Source: Harvard Business School
25 pages.
Publication Date: Feb 22, 2002. Prod #: 702 033 PDF-ENG
Argentine Financial System: The Case of Banco de Galicia HBR case solution