finance
finance
Grupo México, led by Germán Larrea, Surprises with Interest in 100% of Banamex
Background on Germán Larrea and Grupo México Germán Larrea Mota Velasco, the second-richest man in Mexico with a net worth...
finance
Citi and Mexican Businessman Chico Pardo Reach Agreement for Banamex
Background on Chico Pardo and His Relevance Fernando Chico Pardo is a prominent Mexican businessman, also holding the majority stake...
finance
Grupo México Shows Renewed Interest in Acquiring Banamex
Background on Grupo México and Banamex Grupo México, one of Mexico’s largest business conglomerates led by entrepreneur Germán Larrea, has...
finance
Specialized AI in Credit Risk Management Outperforms Generalist Models
Introduction to AI in Financial Services The integration of artificial intelligence (AI) in financial services is moving towards increasingly specialized...
finance
Why Many Mexicans Lack Any Insurance Coverage: Financial, Economic, and Information Barriers
Introduction In Mexico, a significant majority of adults (aged 18 to 70) do not have any type of insurance coverage,...
finance
Focused Industrial Policies Can Amplify Benefits of Relocating Companies: IMF
Introduction to the IMF’s Industrial Policy Recommendations The International Monetary Fund (IMF) has demonstrated that well-targeted industrial policies can boost...
finance
Citi Clarifies Stance on Grupo México’s Banamex Acquisition Offer
Background on Key Players Citi, the American financial services company, has stated that it has not received any acquisition offer...
finance
Christine Lagarde Suggests Klaas Knot as Potential Successor to Lead the ECB
Background on Christine Lagarde and the European Central Bank (ECB) Christine Lagarde, the current President of the European Central Bank...
finance
Banking Net-Zero Alliance Disbands Following Global Bank Members’ Withdrawal
Background on the Banking Net-Zero Alliance (NZBA) The Banking Net-Zero Alliance (NZBA) was established in 2021 with the goal of...
finance
BBVA Projects 3.3% of Mexico’s GDP from Remittances by End of 2025
Background on Juan José Li Ng and His Relevance Juan José Li Ng is a senior economist at BBVA, a...