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* Chilean banking regulator SBIF reported a new hacking attack against the local banking sector, forcing card issuers to block around 426 payment cards, Diario Financiero reported. Banco Falabella acknowledged being one of the affected banks and said it immediately blocked 48 cards that were compromised.
* Brazilian asset managers Modal Asset Management Ltda. and Flag Asset Management Gestora de Recursos have decided to merge to create a new company called Novus Capital, Valor Econômico reported. Banco Modal SA will hold a minority stake in the new company.
MEXICO AND CENTRAL AMERICA
* Mexican banking and securities commission CNBV will issue before the end of 2018 an anti-corruption guide for the financial sector to address the problem of money laundering, El Economista reported. Financial technology firms will be held to the same standard as banks when it comes to money laundering prevention.
BRAZIL
* Banco do Brasil SA completed a transaction to raise its stake in Argentina's Banco Patagonia SA to 80.39% from 58.97%. Three minority shareholders of Patagonia exercised an option earlier in 2018 to sell their stake to the Brazilian bank in a deal valued at about $202.4 million. The transaction will lower Banco do Brasil's common equity Tier 1 ratio by an estimated 12 basis points, according to a filing.
* Jair Bolsonaro, the leading candidate in upcoming presidential elections in Brazil, was stabbed...