China, India, and Colombia’s Interbolsa

Colombian firm Interbolsa is being liquidated in a move to protect the interests of Colombia’s financial markets. This after an announcement last Thursday that Interbolsa is facing liquidity shortages. Regulators intervened the following day when the brokerage firm failed to make a $11 million payment to a local bank, according to Reuters.
Of note here is Interbolsa’s list of principal funder...