The proposed acquisition of Prudential Financial's Brazilian and Mexican insurance businesses by CNP Assurances highlights a strategic shift in institutional ownership.
By weaponizing digital zero-marginal-cost distribution, David Vélez transformed Latin American banking from an oligopolistic rent-extraction scheme into consumer surplus.
By weaponizing digital zero-marginal-cost distribution, David Vélez transformed Latin American banking from an oligopolistic rent-extraction scheme into consumer surplus.