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Goldman's Latin America revenue expands 50%

Hedging contributes to this year's gains, with business picking up steam following election of Trump as US president and rise in market volatility
Saturday, December 3, 2016 - 05:50

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BIG PROJECTS: The company helped to structure financing for Colombia's 4G infrastructure programme and three deals totalling US$1.2 billion for highways.

GOLDMAN Sachs Group Inc's revenue from Latin America surged 50 per cent this year as the firm helped to structure one of the region's biggest infrastructure financing deals and sold more hedging strategies to clients.

"We're having a record year," Marc Nachmann, who heads Latin America

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