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Former IPS President Receives House Arrest for Irregular Entry in Billion-Dollar Loss Case

Former IPS President Receives House Arrest for Irregular Entry in Billion-Dollar Loss Case

Former IPS president Vicente Bataglia received house arrest for irregular entry into the country, while another former president Jorge Brítez faces a second criminal case for elevator bidding and his lawyer alleges political persecution, and a third, Andrés Gubetich, returned to EBY with high salary and is investigated for fraud, amid a billion-dollar loss case at the institute.

Ueno’s G. 2.1 Trillion Trust Asset: How Robust Is the Bank’s Equity?

Ueno’s G. 2.1 Trillion Trust Asset: How Robust Is the Bank’s Equity?

Ueno Bank reported equity of G. 2.12 trillion at the end of 2025. At the same time, G. 2.11 trillion appeared on its balance sheet as rights in a trust created in connection with the merger with Visión Banco. The public financial statements do not explain how much of this amount consists of actual investments and how much represents deferred costs. Rating agency FIX also reports “adjusted capital” of only G. 1.22 trillion. A stress test shows why the missing details about the trust are crucial for assessing the bank.

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