* The government of the Brazilian state of Rio Grande do Sul will have to agree to privatize state-run bank Banco do Estado do Rio Grande do Sul SA in order to reach a debt restructuring agreement with the federal government, Valor Econômico reported, citing official sources.
* Grupo Financiero Interacciones SA de CV posted net income of 792 million Mexican pesos for the fourth quarter of 2016, up 16.99% from 677 million pesos in the year-ago period. The bank's net commissions jumped 42.31% year over year to about 1.12 billion pesos, while its financial margin improved 43.91% to 1.02 billion pesos.
MEXICO AND CENTRAL AMERICA
* Jaime Martinez, the head of Mexico's federally run Commission for Dialogue with Indigenous People of Mexico, expanded a tax evasion complaint against Donald Trump alleging that the U.S. president, as a foreigner, broke Mexican law by looking to acquire real estate within 31 miles of the U.S. border, Reuters reported. The Mexican attorney general's office said it was looking into the case.
* Mexican President Enrique Pena Nieto said he "regrets and disapproves" of an executive order by U.S. President Donald Trump to speed up the construction of a border wall between the two countries, Reuters reported. Mexican Foreign Minister Luis Videgaray said a meeting between the two presidents scheduled for next week is still on "for now," the newswire reported separately.
* Analysts at Grupo Financiero Banorte, Capital Economics and UBS expect Mexico's central bank to increase its benchmark interest rate by between 140 basis points and 200 basis points during 2017, El Economista reported.
* Banco Inmobiliario Mexicano SA Institución de Banca Múltiple expects to issue more than 9 billion Mexican pesos of loans for the construction of housing and small-scale commercial centers during 2017, up 11% compared to the previous year, El Economista reported.
* Brazil's government will probably sell euro-denominated debt in 2017 and is also considering a bond issuance in the Asian market, Reuters reported, citing Treasury chief Ana Paula Vescovi.
* Consumer confidence in Brazil, as measured by the Getulio Vargas Foundation, increased to 79.3 in January from 73.1 in December 2016, Reuters reported. Economists expect the country to begin recovering in 2017 from a steep economic recession.
* Brazil's central bank rejected the proposed appointment of Paulo Roberto Ferreira, currently finance secretary for the state of Espirito Santo, as chairman of state bank Banestes SA - Banco do Estado do Espírito Santo, Valor Econômico reported.
* Banco Nacional de Desenvolvimento Econômico e Social will hire professional advisers to serve as the bank's representatives on the boards of companies in which the lender invests, Valor Econômico reported. BNDES is looking to improve corporate governance at the companies in which it invests.
* The São Paulo stock exchange will soon suspend 16 companies from trading due to a variety of reasons, including late filings of financial statements, Valor Econômico reported. The names of the companies were not disclosed.
* Banco Nacional de Desenvolvimento Econômico e Social is trying to prevent ethanol producer Renuka do Brasil from auctioning off a plant as part of a judicial recovery process, Valor Econômico reported. The bank, which owns the plant's mortgage, considers some of the terms of Renuka's debt structuring to be illegal.
* Brazil's public ministry will use the country's anti-corruption laws to pursue legal claims against Grupo Safra, Banco Bradesco SA and other companies as part of the so-called "Operação Zelotes" tax and bribery case, Valor Econômico reported.
* Brazilian President Michel Temer signed an agreement with the governor of the state of Rio de Janeiro to provide federal financial assistance to the state, Folha de S. Paulo reported. A bailout loan of between 5 billion reais and 7 billion reais could be extended to the state if it is able to offer real guarantees to the banks involved.
* Banco Santander (Brasil) SA posted a managerial net profit of about 1.99 billion reais for the fourth quarter of 2016, up from 1.61 billion reais in the year-ago period. The bank's fee and commission income jumped to 3.86 billion reais from 3.21 billion reais, while its allowance for loan losses declined to 2.68 billion reais from 2.76 billion reais.
* Banco Fassil SA said it appointed Osman Willy Peña Lino as deputy manager of microfinance, effective Jan. 25.
* Banco CorpBanca Colombia SA said it agreed to pay a fine of 90 million Colombian pesos as part of a regulatory agreement to end an investigation into alleged irregularities in the bank's trading activities. The bank agreed to adopt measures to "remove the causes" of the events that triggered the investigation, and fired executives involved in the alleged irregularities.
* Peruvian banking association Asbanc expects local banks to increase lending by 8% in 2017, almost double the 4.4% loan growth rate registered in 2016, Gestión reported.
* In its first monetary policy decision of 2017 on Jan. 27, Colombia's central bank is expected to cut its benchmark interest rate by 25 basis points, Portafolio reported, citing surveys conducted by research centers.
* Banco Macro SA said its board accepted the resignation of Ariel Marcelo Sigal as a regular director and approved alternate director Delfín Federico Ezequiel Carballo to serve in Sigal's place.
* Banco de la Nación Argentina launched a new credit line for people who want to build houses on land they already own, La Nación reported. The loans will be denominated in Argentine pesos and will have a term of 20 years.
* France, the U.S., Peru and Mexico have been helping Chile battle the worst wildfires in the country's modern history, some of which could have been started deliberately, Reuters reported. As of Jan. 25, 85 separate fires had been recorded.
PAN LATIN AMERICA
* Banco Santander SA Executive Chairman Ana Botín said the bank expects to continue to do well in Mexico "despite a challenging environment." Brazil, Santander's largest market, would be less impacted by changes in U.S. foreign and economic policy because it did less business with the country, she told analysts.
* At a summit of the Community of Latin American and Caribbean States, presidents and diplomats from across the region vowed to stand together against U.S. President Donald Trump's protectionist policies, Bloomberg News reported. Leaders from Mexico, Brazil and Colombia were not present at the summit.
IN OTHER PARTS OF THE WORLD
* Middle East & Africa: Fitch cuts Nigeria outlook; Mashreqbank FY'16 profit dips YOY
* Europe: RBS adds £3.1B in provisions; Nordea's Q4 profit rises; Generali CFO to leave
Matthew Craze contributed to this article.
The Daily Dose has an editorial deadline of 8:00 a.m. São Paulo time, and scans news sources published in English, Portuguese and Spanish. Some external links may require a subscription.