Ex-Wall Street Insider's Tough Task: Make Peace With Paul Singer
- Luis Caputo will be Finance Secretary under Macri's government
- Argentina locked out of overseas debt markets since 2001
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Luis Caputo is about to inherit one of the most difficult, and pressing, jobs in Argentina’s new administration: negotiate an end to a bitter, decade-long legal dispute with creditors led by billionaire Paul Singer.
President-elect Mauricio Macri will name Caputo, the former head of Deutsche Bank AG’s Argentina unit and ex-chief of Latin America debt trading at JPMorgan Chase & Co., as his new finance secretary, according to a person familiar with the decision, who asked not to be identified because he isn’t authorized to speak publicly.