finance
finance
BNP Paribas Shares Plummet Following US Jury Verdict on Sudan Genocide
Background on BNP Paribas and its Relevance BNP Paribas, a prominent French banking group, has experienced a significant drop in...
finance
Revolut Receives Final Authorization to Operate as a Bank in Mexico
Background on Revolut and its Significance Revolut, a prominent British fintech company with global reach, has received the final authorization...
finance
Mexican Government and Insurers Reach Agreement on IVA Collection Dispute
Background and Key Players For several years, Mexican insurance companies have been in dispute with the tax authority over the...
finance
IPAB: Liquidation of Four Banks in 10 Years
Introduction to the IPAB and its Role The Instituto para la Protección al Ahorro Bancario (IPAB) has been responsible for...
finance
BBVA’s Hostile Takeover Attempt of Banco Sabadell Fails, Praised by Sabadell and Spanish Government
Background on BBVA and Banco Sabadell BBVA, a Spanish banking group, and Banco Sabadell, a Catalan bank, are two significant...
finance
Asofom Strengthens Funding Sources to Secure More Financing
Introduction to Asofom and its Importance The Association of Multiple-Purpose Financial Societies (Asofom) has reported a strengthening of its institutional...
finance
Banxico to Gradually Phase Out 20 Peso Bills as Part of Monetary System Modernization
Introduction to the Retirement Process The Bank of Mexico (Banxico) has initiated the process of phasing out the 20 peso...
finance
France Pushes to Eliminate Capital Requirements for EU Banks to Level Playing Field with US Rivals
Background on the Key Players and Context France is advocating for the removal of certain capital requirements from leading lenders...
finance
Grupo México Assures No Significant Debt Increase for Banamex Acquisition
Background on Grupo México and Banamex Grupo México, one of Mexico’s largest corporations led by Germán Larrea, has announced that...
finance
Grupo México Confirms No Debt Increase if Banamex Offer is Accepted
Background on Grupo México and its Relevance Grupo México, a conglomerate led by Germán Larrea, has announced that it will...
