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Goldman's revenue in Latin America was driven by a record year in asset management, global markets and investment banking; with revenue up 60% in the region compared with the previous five years.
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“We think it’s a big area of opportunity for us. In Latin America, we have the same obsession about league-table rankings, though our aspirations are slightly different: we are really looking to be the best international bank in the region, and not trying to compete with some of the biggest local banks on the ground.” Khalil said.
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