Peru

Swiss regulator orders audit for Israeli bank unit

SWITZERLAND - The Swiss Federal Banking Commission said Tuesday it has concluded its investigations related to the country's money laundering case against Peru's former spy chief Vladimiro Montesinos and has ordered a special audit of Bank Leumi Le…

Peru's new President will bring in bank chief

PERU - Alejandro Toledo, the son of a poor mountain sheep herder, won the presidency on 3 June over one-time President Alan Garcia after a campaign that left Peruvians deeply disillusioned. Aides to Garcia attempted to calm the markets by indicating that…

Peru's central bank governor asked to stay on

Peru's new president Valetin Paniagua has said that the president of the Central Reserve Bank of Peru and the directors of the central bank, who had offered their resignations with the change in government, would stay in their posts.

Peru finance minister says debt payments too heavy

Peru will want to pay much less than the $2.1 billion that it owes on its external debt payments for next year, the new finance minister, Javier Silva Ruete, was reported saying in a number of newspapers Monday.

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