trending Market Intelligence /marketintelligence/en/news-insights/trending/XxmKWEXaiMST6CHWEkUwcQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Chile's Supreme Court sets new precedent in ruling against Banco de Chile

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments


Chile's Supreme Court sets new precedent in ruling against Banco de Chile

Chile's Supreme Court issued a ruling against Banco de Chile, deciding the bank should pay for the 26 million pesos stolen from Comercial Agrícola e Industrial Novapro's account because of a cyberbreach in August 2018, La Tercera reported.

The ruling argued that "in the case of theft or fraud without the intervention or participation of the client, the breach of the duty of protection and the subsequent availability of these flows fall to the depository bank and not to the depositor."

The decision by the country's highest court sets a precedent for banks to take responsibility of their banking operations with fraud patterns, according to the report.

In June 2018, the Supreme Court ruled that Itaú CorpBanca should reimburse a client, Patricio Bottai, for funds stolen from his bank account. Similarly, in July 2018, the court ruled in favor of Juana María Macchiavello after fraudulent transactions were made on the client's Banco del Estado de Chile credit card.

As of March 14, US$1 was equivalent to 671.26 Chilean pesos.