* BancoCentral do Brasil published an agreement outlining certain requirementsfor Banco Bradesco SArelated to its recent acquisition of HSBC Bank Brasil SA - Banco Múltiplo, Valor Econômico reported. Bradesco willhave to maintain all HSBC branches in municipalities where no other banks havea presence, and must also keep service fees unchanged for five years, amongother requirements. Noncompliance may result in fines of up to 176 millionBrazilian reais.

MEXICO AND CENTRALAMERICA

* After falling for three successive months, Mexico'sindustrial output increased0.3% in May from April on a seasonally adjusted basis, The Wall Street Journal reported, citing the country's nationalstatistics institute.

* The restructuringof Mexican conglomerate Alta Grupo will proceed as planned despite the arrestof one of the company's heads, Luis López Panadero, El Economista reported.

* Panama's Financial Analysis Unit and local insurance andreinsurance regulator SSRP provided trainingto 150 insurance brokers to prevent money laundering, terrorism financing andother crimes, Capital Financieroreported.

CARIBBEAN

* Alejandro Garcia Padilla, the governor of Puerto Rico,said the U.S. commonwealth might be excludedfrom debt markets for two additional years after it defaulted on $779 millionof its debt on July 1, Reuters reported. "Our challenges are not over andprosperity will not return overnight," he said, adding that "PuertoRico will not endure any more austerity."

BRAZIL

* Retail salesin Brazil fell 9% in May compared to a year ago and declined 1% from theprevious month, Bloomberg News reported, citing the national statistics agency.Sales are not expected to rebound in the third quarter with Brazil still miredin a steep recession.

* Brazil's Banco Pottencial SA is forming a joint venture withfinancial technology startup Contro.ly under the name Banco Neon, Valor Econômico reported. The partnershiprepresents a lifeline for Banco Pottencial, which is a small bank with totalassets of 170 million Brazilian reais and was at risk of closing down. BancoNeon will target young clients with a focus on digital banking.

ANDEAN

* A Peruvian court has convictedthe founders of Inter Trade Corp. SA of defrauding the public, El Comercio reported. The investmentcompany was operating in Peru without regulatory authorization.

* Renzo Ricci, the general manager of Peruvian pension fundAFP Prima, said a recent law that allows local pensioners to withdraw part oftheir savings to buy homes will reduce expected returnsfor the funds in the long term, Reuters reported.

SOUTHERN CONE

* Argentine Finance Minister Alfonso Prat-Gay announcedthat the World BankGroup has approved three loans for the country totaling $845 million. The loanswill be used for infrastructure projects, social programs and measures tomitigate climate change.

* As part of its three-year strategy to make Argentina itsregional hub, New York-based JPMorgan Chase & Co. has hiredabout 450 staff members in the country this year as of the end of June,Bloomberg News reported.

* Argentine tax authority AFIP is in talks with the Swissgovernment to facilitate the automatic exchangeof data related to bank accounts Argentine citizens have in Switzerland, La Nacion reported, citing sourcesfamiliar with the discussions.

* BancoCentral de la República Argentina announced a furtherliberalization of the foreign exchange market, allowingfor outgoing payments and investments that were previously restricted, Cronista reported.

* Banco Central de la República Argentina maintained its35-day benchmark interest rate, also known as the Lebac rate, at 30.25%, Cronista reported. The move surprisedmany analysts who had expected the central bank to continue with its ratecutting cycle.

* CreditSuisse Group AG lowered its 2017 GDP growth forecastfor Chile to 2.3% from 3%, citing difficult global conditions, especially theU.K.'s vote to leave the European Union, DiarioFinanciero reported. The bank maintained the country's GDP growth forecastfor 2016 at 2%.

PAN LATIN AMERICA

* Global natural catastrophe reached $70 billion in the firsthalf of 2016, compared with $59 billion in the prior-year period, according toMunich Re. Insuredlosses totaled $27 billion, compared with $19 billion a year ago. Theearthquake in the Pacific coast of Ecuador caused $2.5 billion in overalllosses and $400 million of insured losses.

IN OTHER PARTS OF THEWORLD

* Asia-Pacific: Bangladesh, NY Fed talks postponed; Credit Suisse appoints execs inChina

* Middle East & Africa:

* Europe: Basel urged to avoid disproportionate banking reforms; UniCreditraises €1B from sale of stakes in 2 units

Paula Mejiacontributed to this article.

The Daily Dose has aneditorial deadline of 8 a.m. São Paulo time, and scans news sources publishedin English, Portuguese and Spanish. Some external links may require asubscription.