finance

finance
G20 Nations Affirm Central Bank Independence Amidst U.S. Pressure
Background on Key Figures and Context The Group of Twenty (G20) nations have recently reaffirmed their commitment to the independence...

finance
Claudia Sheinbaum Supports Banxico’s Interest Rate Cut to Boost Investment
Background on Claudia Sheinbaum and Her Role Claudia Sheinbaum Pardo is the current Head of Government (equivalent to Mayor) of...

finance
Rising AFORES Profits Lead to 35% Increase in Tax Payments
Background on AFORES and Their Recent Success Administradoras de Fondos para el Retiro (AFORES) are Mexican pension funds that manage...

finance
US Jobless Claims Drop, Yet Hiring Remains Cautious Amid Trade Uncertainty
Steady Job Growth Anticipated for July, Despite Extended Unemployment Periods The number of Americans filing new unemployment benefit claims decreased...

finance
Mexican Banks Association and Government Prepare Working Groups to Boost Credit for SMEs
Background on the Importance of Micro, Small, and Medium Enterprises (SMEs) Micro, small, and medium enterprises (SMEs) are crucial to...

finance
Fintech Expands Operations to Meet Growing Demand for International Business Payments
Background on Cobre and its Relevance Cobre, a Colombian fintech company, has positioned itself as a key player in the...

finance
UK Fines Barclays £42 Million for Inadequate Criminal Risk Management
Introduction to Barclays and the Financial Conduct Authority (FCA) Barclays, a prominent UK-based banking and financial services company, has been...

finance
Mexican Banks Cautiously Embrace Artificial Intelligence
Introduction to AI Adoption in Mexican Banking Approximately 60% of financial institutions in Mexico have already integrated Artificial Intelligence (AI)...

finance
Fitch Lowers Ratings of CIBanco, Intercam, and Vector; Placed on Negative Watch
Fitch Ratings Reiterates Downgrade for Financial Institutions Fitch Ratings has once again lowered the ratings of CIBanco, Intercam, and Vector...

finance
Beware! Warning Issued Over Sale of Illegal Auto Insurance: How to Check if Your Policy is Fake
Introduction The Mexican Association of Insurance Institutions (AMIS) has issued a warning about companies attempting to pose as auto insurance...