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Despegar.Com Announces 10-Year Commercial Partnership Agreement With Naranja In Argentina
Grupo Financiero Galicia SA issues class VII bonds
Grupo Financiero Galicia SA declares FY 2014 dividend
Grupo Financiero Galicia SA is an Argentina-based financial services holding company. The Company does not have operations of its own and conduct its business through its subsidiaries. Banco Galicia is the Company's main subsidiary and one of Argentina’s service banks. The Company's goal is to consolidate its position as one of Argentina’s comprehensive financial services providers while continuing to strengthen Banco Galicia’s position as one of Argentina’s banks. The Company seeks to broaden and complement the operations and businesses of Banco Galicia, through holdings in companies and undertakings whose objectives are related to and/or can produce synergies with financial activities. The Company's non-banking subsidiaries operate in financial and related activities.
Tte. Gral. Peron 430 25
Eduardo J. Escasany
Chairman of the Board
Pedro Alberto Richards
Chief Executive Officer, Director
Vice Chairman of the Board
Jose L. Ronsini
Chief Financial Officer
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Argentina's stocks, which crashed last month to multi-year lows, are starting to lure in hardy investors tempted by bargain basement prices, even as the country teeters on the brink of default ahead of a general election next month.
Argentine bond prices fell to record lows on Monday and the official and black market pesos diverged after the country imposed capital controls in a bid to stem a currency rout that is sharpening the risk of default.
Argentina's international dollar bonds hit record lows on Monday while its financial stocks tumbled and risk premia shot up after President Mauricio Macri reimposed capital controls on Sunday as the country's debt crisis spirals.
Argentina's assets got hammered on Monday with international dollar bonds tumbling to record lows and stocks in financials suffered sharps falls after President Mauricio Macri authorized currency controls on Sunday.
* Argentina markets expected to get mauling after primary elections
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.