finance

Grupo México, led by Germán Larrea, Surprises with Interest in 100% of Banamex

Grupo México, led by Germán Larrea, Surprises with Interest in 100% of Banamex

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October 6, 2025

Background on Germán Larrea and Grupo México Germán Larrea Mota Velasco, the second-richest man in Mexico with a net worth...

Citi and Mexican Businessman Chico Pardo Reach Agreement for Banamex

Citi and Mexican Businessman Chico Pardo Reach Agreement for Banamex

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October 6, 2025

Background on Chico Pardo and His Relevance Fernando Chico Pardo is a prominent Mexican businessman, also holding the majority stake...

Grupo México Shows Renewed Interest in Acquiring Banamex

Grupo México Shows Renewed Interest in Acquiring Banamex

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October 6, 2025

Background on Grupo México and Banamex Grupo México, one of Mexico’s largest business conglomerates led by entrepreneur Germán Larrea, has...

Specialized AI in Credit Risk Management Outperforms Generalist Models

Specialized AI in Credit Risk Management Outperforms Generalist Models

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October 5, 2025

Introduction to AI in Financial Services The integration of artificial intelligence (AI) in financial services is moving towards increasingly specialized...

Why Many Mexicans Lack Any Insurance Coverage: Financial, Economic, and Information Barriers

Why Many Mexicans Lack Any Insurance Coverage: Financial, Economic, and Information Barriers

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October 4, 2025

Introduction In Mexico, a significant majority of adults (aged 18 to 70) do not have any type of insurance coverage,...

Focused Industrial Policies Can Amplify Benefits of Relocating Companies: IMF

Focused Industrial Policies Can Amplify Benefits of Relocating Companies: IMF

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October 4, 2025

Introduction to the IMF’s Industrial Policy Recommendations The International Monetary Fund (IMF) has demonstrated that well-targeted industrial policies can boost...

Citi Clarifies Stance on Grupo México’s Banamex Acquisition Offer

Citi Clarifies Stance on Grupo México’s Banamex Acquisition Offer

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October 3, 2025

Background on Key Players Citi, the American financial services company, has stated that it has not received any acquisition offer...

Christine Lagarde Suggests Klaas Knot as Potential Successor to Lead the ECB

Christine Lagarde Suggests Klaas Knot as Potential Successor to Lead the ECB

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October 3, 2025

Background on Christine Lagarde and the European Central Bank (ECB) Christine Lagarde, the current President of the European Central Bank...

Banking Net-Zero Alliance Disbands Following Global Bank Members’ Withdrawal

Banking Net-Zero Alliance Disbands Following Global Bank Members’ Withdrawal

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October 3, 2025

Background on the Banking Net-Zero Alliance (NZBA) The Banking Net-Zero Alliance (NZBA) was established in 2021 with the goal of...

BBVA Projects 3.3% of Mexico’s GDP from Remittances by End of 2025

BBVA Projects 3.3% of Mexico’s GDP from Remittances by End of 2025

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October 2, 2025

Background on Juan José Li Ng and His Relevance Juan José Li Ng is a senior economist at BBVA, a...

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