finance

finance
CNBV Receives 12 Applications for New Banks Since 2023: A Comprehensive Overview
Introduction to the CNBV and Its Role The National Banking and Securities Commission (CNBV) is a Mexican regulatory body responsible...

finance
Potential Impact of Designating Mexican Cartels as Terrorist Organizations on Remittances
Introduction to the Issue Daniel Rosas, a partner at Nathan Russek law firm, has expressed concerns that designating Mexican cartels...

finance
Prosofipo Fund Grows 149% in a Year Amidst Sofipos’ Solvency Issues
Background on Sofipos and CAME Sofipos, or Popular Financial Societies, are financial entities in Argentina that offer savings and credit...

finance
Keo World Targets SMEs for International Payments Growth: Mexico as Key Market
Introduction to Keo World and its Focus on Small and Medium Enterprises (SMEs) Keo World, an international payments firm, has...

finance
Openbank Mexico: Adapting a Global Model to the Local Market
Introduction to Openbank Mexico and its Global Success Openbank Mexico, Santander’s digital bank, was officially launched in February as part...

finance
Hey Banco to Operate Independently Soon: Over 500,000 Customers Already Served
Background and Current Status Hey Banco, currently operating under Banregio’s umbrella, is set to become an independent financial entity by...

finance
CAME: The Most Indebted Sociedad Financiera Popular Amidst a Crisis
Introduction to CAME and Its Current Situation Consejo de Asistencia al Microemprendedor (CAME) is a sociedad financiera popular (sofipo) currently...

finance
Mexican Banks Consider Lowering Interest Rates Following President Sheinbaum’s Request
Background on Claudia Sheinbaum Pardo and Her Influence Claudia Sheinbaum Pardo, the President of Mexico City since 2018, has been...

finance
Mexican Banks Consider Lowering Interest Rates Following President Sheinbaum’s Request
Background on Claudia Sheinbaum Pardo and Her Role Claudia Sheinbaum Pardo is the current President of Mexico City, serving as...

finance
Trump Considering Firing Jerome Powell as Fed Chair: Hassett
Background on Jerome Powell and the Federal Reserve Jerome Powell, the current Chair of the Federal Reserve (Fed), has been...