Published: Thursday, January 28, 2010 11:38 (GMT-0400)
By Jorge Porter / Business News Americas
After making big strides last year in solidifying and integrating the businesses and cultures of the two banks, Bank of America Merrill Lynch (NYSE: BAC) is now looking to selectively grow in Latin America as it goes forward, James Quigley, the bank’s president for Latin America and Canada told BNamericas.
“2009 was a very successful year for us in Latin America. We had a record year in Mexico, Colombia and Chile and we’re very confident we can generate performance this year that is effectively up 40-50% over 2009, which would be the best year for us in the region.”