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Seven Years After 9/11, Latin American Banks Are Doing Business Differently

By Juan Alejandro Baptista

In response to the September 11 attacks on the World Trade Center towers in New York, the U.S. government unleashed its resources to create a national and international counter attack against terrorism. Financial institutions around the world were not spared from this process, including Latin American financial institutions. The importance of the financial system in the "war against terrorism", was explained by Douglas Greenburg and John Roth, who both served on the 9/11 Commission in 2003 and 2004 and co-authored a monograph on terrorist financing.: "Since the attacks of September 11, the United States government and its allies have recognized...

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