Corporate expectations are looking south of the U.S. border for 2012. More than 50% of the senior finance executives responding to Treasury & Risk’s new Global Operations Survey pick Latin America (31%) and Brazil (22%) as markets where their companies plan to expand in the next 12 months; 19% say they expect Brazil (6%) and Latin America (13%) to provide the most revenue growth in 2012. With more attention comes more scrutiny; 29% say they are concerned about treasury management and banking in Latin America. That’s well behind the 39% who name Southern Europe as their top worry, not surprising given the sovereign debt crisis. In another likely nod to Europe’s problems, 70% say they are monitoring financial institution risk more closely than they were a year ago. In fact, 16% say they changed banks because of such risks within the last year, while another 14% plan to do so in the coming year.