finance
finance
Grupo México Rules Out Bidding War for Banamex
Background on Grupo México and Banamex Grupo México, a prominent mining and transportation conglomerate, has declared that it will not...
finance
Investors Seek Banamex for Mexican Ownership: Entrepreneurs Aim to Restore Banamex’s Leadership and Keep it Mexican
Key Players and Their Proposals Two prominent Mexican entrepreneurs, Fernando Chico Pardo and Germán Larrea, have put forth distinct proposals...
finance
FTA and Fintech Mexico Form Alliance to Boost Financial Innovation
Overview of the Partnership The Financial Technology Association (FTA) in the United States and its Mexican counterpart, Fintech Mexico, have...
finance
BanCoppel and Multiva Join Multired to Waive Fees for Customers Using ATMs
Key Banks Collaborate to Expand Shared ATM Network BanCoppel and Multiva have recently announced their integration into Multired, an alliance...
finance
The Double-Edged Sword of Fintech: Balancing Financial Freedom and Digital Trap
Fintech: Agility, Accessibility, and Convenience Fintech companies, which blend technology and finance, promise agility, accessibility, and convenience. Moreover, they have...
finance
Claudia Sheinbaum Awaits Citi’s Decision on Banamex Sale Amidst Grupo México’s New Offer
Key Players and Context Claudia Sheinbaum, the President of Mexico City, has stated that she will wait for Citigroup’s (Citi)...
finance
Grupo México’s Debt to Surge to $18.75 Billion if Banamex Acquisition Proceeds
Background on Grupo México and Banamex Grupo México, a prominent Mexican conglomerate with interests in mining, infrastructure, and services, is...
finance
Grupo México’s Offer for 25% of Banamex Criticized by Brokerage Firm
Background on Key Players Grupo México, a prominent Mexican conglomerate with interests in mining, infrastructure, and finance, is making headlines...
finance
Local Investors Take Over Emerging Debt Held by Foreigners: IMF
Key Trends in Emerging Market Debt Holdings According to experts from the International Monetary Fund (IMF), the decreasing proportion of...
finance
Mexican Families Face Fifth Consecutive Month of Declining Remittances
Background on the Importance of Remittances in Mexico Remittances to Mexico are not only a primary source of foreign currency...
