Harvard Law School’s Program on International Financial Systems, Getulio Vargas Foundation, Pontificia Universidad Católica, and Escuela de Graduados en Administración y Dirección de Empresas of Tecnologico de Monterrey are pleased to announce the inception of the annual Symposium on Building the Financial System of the 21st Century: A Dialogue Between Latin America and the United States. The invitation-only event is designed to facilitate discussion between leaders of the financial systems in Latin America and the United States.
Founded in 1986, the Program on International Financial Systems (PIFS) conducts the highest quality international research and provides an international forum for exchange of ideas through symposia like the forthcoming one between Latin America-U.S. PIFS aims to give public policy advice to governments and educate international lawyers. The Symposium Report, a summary of the topics and findings discussed by the symposium participants, is one way that PIFS fulfills these goals.
Harvard University will serve as the setting for this inaugural symposium and it will be held from Friday evening June 13 through lunch on Sunday June 15, 2008 on the campus of the Law School.
The event will foster an interchange of ideas and information between Latin America and U.S. financial and business experts about financial, economic and regulatory topics affecting both markets. Keynote speakers from the U.S. Treasury and other U.S. government agencies and their Latin American counterparts, as well as prominent business leaders, will be invited to deliver keynote addresses to participants.
This year’s Symposium will address the following topics:
Corporate Governance
Global Financial Stability — The Impact and Control of the Liquidity and Credit Crises
The Role of Private Pools of Capital in the Latin American/U.S. Capital Markets
Participants will be equally divided between Latin America and the U.S. for two days of intensive, off-the-record discussions. The topics are presented by panelists and each presentation is followed by break-out sessions of smaller groups where participants will exchange views with senior representatives from Latin America and the U.S.
SYMPOSIUM ON BUILDING THE FINANCIAL SYSTEM OF THE 21st CENTURY:
AN AGENDA FOR LATIN AMERICA AND THE UNITED STATES
Date: June 13-15, 2008 Place: Harvard University, Cambridge, MA
Three topics, relevant to both continents, will be discussed in detail:
1. Corporate governance
2. Global Financial Stability — The Impact and Control of the Liquidity and Credit Crises
3.
The Role of Private Pools of Capital in the Latin American/U.S. Capital Markets
Keynote Speakers:
Gillermo Babatz Torres, President Comisión Bancaria y de Valores, Mexico
Héctor Medina, Executive Vice President of Planning and Finance, CEMEX, Mexico
Brian O’Neill, Deputy Assistant Secretary for the Western Hemisphere,
United States Department of the Treasury
Maria Helena Santana, Chairperson, Comissão de Valores Mobiliários, Brazil
A limited number of seats are available for faculty and students of the HLS, KSG, HBS, and FAS communities who wish to attend Mr. O’Neill’s and Ms. Santana’s addresses at 6:00-6:45pm, June 13, at the Arthur M. Sackler Museum. please contact us at pifstemp@law.harvard.edu or 617-495-4119 to confirm your attendance.
Deloitte provides audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. With a globally connected network of member firms in 140 countries, Deloitte brings world class capabilities and deep local expertise to help clients succeed wherever they operate.
Deloitte's 150,000 professionals are committed to becoming the standard of excellence.
Deloitte's professionals are unified by a collaborative culture that fosters integrity, outstanding value to markets and clients, commitment to each other, and strength from diversity. They enjoy an environment of continuous learning, challenging experiences, and enriching career opportunities. Deloitte's professionals are dedicated to strengthening corporate responsibility, building public trust, and making a positive impact in their communities.
Deloitte refers to one or more of Deloitte Touche Tohmatsu, a Swiss Verein, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/mx/aboutus for a detailed description of the legal structure of Deloitte Touche Tohmatsu and its Member Firms.
Deloitte in Mexico is the country’s leading professional services firm with a multidisciplinary approach, providing audit, tax & legal, consulting, and financial advisory services through more than 5,000 people in 21 cities. Recognized as a "Socially Responsible Enterprise" for eight consecutive years by the Centro Mexicano para la Filantropía (CEMEFI) and as one of the great places to work in Mexico by the Great Place to Work™ Institute.
Itaú Securities Inc., a FINRA/SIPC Member Firm. A subsidiary of Itaú Corretora de Valores S.A. For additional information on FINRA, please access www.finra.org
Itaú Securities was established in 2002 in New York as a broker dealer specialized in distributing Brazilian securities to institutional investors. The company is a wholly owned subsidiary of Itaú Corretora de Valores S.A., the securities arm of Banco Itaú S.A.
Itaú Corretora offers products and services in the equities, fixed income and futures markets and acts as a "one-stop shop" for options, domestic and international equities and fixed income, commodities, and research. Itaú Corretora's worldwide presence extends to London (through Banco Itaú Europa S.A., London Branch), Hong Kong (through Itaú Asia Securities Limited) Tokyo (through Itau Asia Securities rep office), and to Dubai, with operations opening in 2008.
Itau is the leader in fixed income and the number 3 in equity market share.
For more information, please visit our website at www.itau.com.br U.S. investors may contact Itaú Securities Inc. in New York, MEMBER: FINRA/SIPC, at: 212-207-9056.
With over 70 years of experience, LarrainVial is a leading financial services company in Chile. Our company provides specialized services for individual investors, companies and institutions in the areas of consultancy, financial intermediation and fund management.
Created in 1934, our experience and portfolio preparation methodology have led our clients to trust LarrainVial with the management of their assets, as shown by the approximately USD 10,000 million currently under management.
At LarrainVial we offer integral solutions to the financial needs of our clients. Through an open architecture clients have access to a wide range of investment alternatives and instruments worldwide. With a team of over 550 people, our main office is located in Santiago and we have seven offices in Chile, and offices in Colombia and Peru.
Attributes such as innovation, professionalism, expertise and close relationship with our clients have positioned LarrainVial as a leading company in the financial market.
TMG Capital is an independent investment management company founded in 1997 to provide investors with superior risk-adjusted returns through a portfolio of private equity investments in Brazilian companies.
Over the last 10 years, TMG has established itself as one of the most successful private equity companies in Brazil.
TMG seeks investments that leverage Brazil's economic development and inherent competitive advantages where TMG can add value through strategic insight, collaborating with management, and transaction execution experience.
TMG is headquartered in São Paulo with offices in Curitiba (Capital of the Brazilian State of Paraná) and New York City.
2008 SPONSORS
BANAMEX – CITI
Banco Nacional de Mexico (Banamex) was founded in 1884. Its history has been closely related to the history of Mexico and it has played a key role in the growth and development of the Mexican financial system and the Mexican economy as a whole.
As a result of the sale of Grupo Financiero Banamex–Accival to Citigroup in 2001, Grupo Financiero Banamex was created keeping the name of the largest financial institution in the country.
Two years later Citi decided to implement the Banamex universal banking model for its Latin American operations. Thus, Citi Latam has gradually developed into the bank model proposed by Banamex in order to strengthen and expand the franchise in the region.
Our franchise in Latin America, serves more than 30 million customers, has a network of more than 2,950 branches and employs over 80,000 people. Nevertheless it keeps expanding in terms of clients, infrastructure and business volume.
Nowadays Citi operates in 25 countries in Latin America and the Caribbean, including Mexico.
Banamex and Citi have always believed that firms have a social responsibility and therefore they have participated in many activities that go beyond financial aspects.
Our employees–guided by Citigroup’s high standard of ethics and commitment to corporate citizenship–use our wide array of resources to help enrich people’s lives and help preserve the environment in the communities where we do business around the world. By providing access to credit through microfinance; lending and investing in low- and moderate-income communities; financing projects that support sustainability; and fostering financial education and career development, we strengthen the communities where we operate. In addition Banamex and Citi Latam always encourage its staff and their families to volunteer their time in supporting their local communities.
Being part of Citigroup allows us to offer a broad range of financial services as part of the main company of financial services in the world, with 200 million accountholders in over 100 countries.
Through different entities all over the region, Banamex-Citi holds a prominent position in the financial markets, including deposits, consumer finance, asset management, mutual funds, pension funds, bank insurance and securities brokerage.
BRFC is a law firm based in Monterrey, Mexico, specialized in corporate and transactional practice and litigation. It belongs to the professional strategic alliance of “Hermosilla Gastélum”, jointly with the firms “Ramón Hermosilla” from Madrid, Spain and “Bufete Gastélum” from Mexico City. Together they have developed strong synergies, operating throughout Europe and Latin America and becoming an institutional global organization that has achieved international coverage through the roots and the knowledge of the respective local and regional business environments in which they are each established.
BRFC has a well-known tradition of organization and responsibility, always promoting the highest professional standards in its different areas of practice, with the conviction of forming the best lawyers and rendering legal services of the greatest quality. Its expertise has become its main competitive advantage, as reflected in the high success rate in favor of its clients’ interests.
With offices in New Orleans, Miami, Houston, Mobile and Bogotá, Fowler Rodriguez Valdes-Fauli is a full service law firm with a specialization in transnational matters including litigation and arbitration as well as maritime law.
The attorneys of Fowler Rodriguez Valdes-Fauli are engaged in the areas of commercial transactions, mergers and acquisitions, construction, banking, tax and estate planning, maritime, environmental, insurance and reinsurance, energy, and business litigation. With a diverse, multilingual team of attorneys, the firm also involved in high level financial transactions.
The Firm’s International Group of Independent Law Firms with offices in Central and South America offers comprehensive legal services to clients engaged in multi-jurisdictional matters.
Raul J. Valdes-Fauli, former Mayor of Coral Gables, Florida, and a Harvard Law alum, is one of the leading Latin American corporate attorneys practicing today. George J. Fowler, III, is a trial lawyer having successfully tried hundreds of cases including high profile complex litigation in Central, South America and the Caribbean over the 32 years of his career. Antonio Rodriguez, based in the New Orleans Office, concentrates on maritime law and leads the Firm’s network of law firms through Central and South America.
GRUPO AYUCUS
Grupo Ayucus represents a conglomerate of various businesses in the agroindustrial, real estate and financial sectors across Latin America. These businesses include power generation, sugarcane, coffee and palm oil production as well as pension fund services and credit card issuance. Additionally, Grupo Ayucus represents significant investments in real estate and tourism developments across the Region.
Dr Ernesto Fernandez-Holman is Chairman of the Board of Grupo Ayucus.
HARVARD UNIVERSITY,
OFFICE OF THE PROVOST
• HSBC has 128 million customers around the world across its 4 Customer Groups
• HSBC has 125 million personal customers worldwide • HSBC has around 10,000 offices in 83 countries and territories
• 25 million of our customers have registered for internet banking;
• We have over 330,000 staff in 83 countries and territories, including:
• And we have over 210,000 holders of record of our ordinary shares; • In February 2008, HSBC was named the world's most valuable banking brand according to The Banker magazine's Top 500 Financial Brand Listing.
• Whilst HSBC's lead regulator is the Financial Services Authority in the United Kingdom, our businesses around the world are regulated and supervised by approximately 510 central banks and regulatory authorities;
• HSBC’s earnings are diversified geographically and by Customer Group:
• HSBC's dividend has grown at a compound annual rate of 17.3% over the last 15 years;
• Over the same period the total return to shareholders has grown at a compound annual growth rate of 28.5% - or stated in simpler terms, £100 invested in HSBC on 31 December 1990 would have been worth £4,281 at the end of 2005.
June 13-15, 2008 Harvard Law School, Cambridge, Massachusetts Discussion Topics:
Corporate Governance
Global Financial Stability — The Impact and Control of the Liquidity and Credit Crises
The Role of Private Pools of Capital in the Latin American/U.S. Capital Markets Agenda Participants Sponsors Final Presentation
