finance

PayPal Appoints Enrique Lores as New CEO; He Takes Over on March 1

PayPal Appoints Enrique Lores as New CEO; He Takes Over on March 1

Web Editor
February 3, 2026

Background and Relevance of Enrique Lores Enrique Lores, a Spanish executive with extensive experience in technology and commerce, has been...

Guanajuato Leads in Remittances Receipts by 2025, Surpassing Michoacan: BBVA

Guanajuato Leads in Remittances Receipts by 2025, Surpassing Michoacan: BBVA

Web Editor
February 3, 2026

Background on Remittances in Mexico Remittances, or the funds sent by migrants working abroad to their families in Mexico, play...

Santander Acquires Webster Bank for $12.2 Billion to Achieve 18% ROE in the U.S. by 2028

Santander Acquires Webster Bank for $12.2 Billion to Achieve 18% ROE in the U.S. by 2028

Web Editor
February 3, 2026

Background on Santander and Webster Bank Banco Santander, a Spanish banking institution led by Ana Botín, has agreed to purchase...

Mexico Receives 4.6% Lower Remittances in 2025, Marking Three Years of Slowdown

Mexico Receives 4.6% Lower Remittances in 2025, Marking Three Years of Slowdown

Web Editor
February 3, 2026

Background on Remittances to Mexico Remittances received in Mexico for the year 2025 totaled $61,791 million, according to data from...

890 Credit Suisse Accounts Linked to Nazism Uncovered in Investigation

890 Credit Suisse Accounts Linked to Nazism Uncovered in Investigation

Web Editor
February 3, 2026

Background and Relevance of the Investigation An investigation has identified 890 accounts at the Swiss bank Credit Suisse with possible...

Unifimex Outlines Priorities Ahead of GAFI Evaluation in Mexico

Unifimex Outlines Priorities Ahead of GAFI Evaluation in Mexico

Web Editor
February 2, 2026

Introduction to Unifimex and its Relevance Unifimex, the Union of Mexican Financial Institutions, has outlined its strategic priorities in preparation...

Retirement Savings in Afores Surpass Infonavit Home Loans by More Than Double

Retirement Savings in Afores Surpass Infonavit Home Loans by More Than Double

Web Editor
February 2, 2026

Background on Key Figures and Institutions The Mexican pension system comprises two main entities: the Afores (Private Retirement Funds) and...

Mexican Commercial Bank Credit Grows 2.6% in 2025, Lowest Since May 2022

Mexican Commercial Bank Credit Grows 2.6% in 2025, Lowest Since May 2022

Web Editor
January 30, 2026

Overview of Credit Growth in Mexico’s Commercial Banking Sector The credit extended by Mexico’s commercial banks to the private sector...

Trump Nominates Kevin Warsh to Lead the Federal Reserve

Trump Nominates Kevin Warsh to Lead the Federal Reserve

Web Editor
January 30, 2026

Background on Kevin Warsh and His Potential Impact On Friday, U.S. President Donald Trump selected former Federal Reserve (Fed) governor...

Chinese Money Laundering Networks Dominate 20% of Illicit Crypto Activity

Chinese Money Laundering Networks Dominate 20% of Illicit Crypto Activity

Web Editor
January 29, 2026

Who are the Chinese Money Laundering Networks (CMLN)? The Chinese Money Laundering Networks (CMLN) are a significant force driving illicit...

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