finance
finance
BBVA Increases Takeover Offer for Sabadell by 10%, Valuing it at $19.95 Billion
Background on BBVA and Sabadell BBVA, a prominent Spanish banking group, has announced an increased takeover offer for its competitor,...
finance
Net Utilities of Mexican Pension Fund Managers Reach Highest Level Since 2020
Background on Mexican Pension Fund Managers (Afores) The Administrators of Pension Funds for Retirement (Afores) in Mexico have seen a...
finance
PayPal Detects Growing Demand for Buy Now, Pay Later (BNPL) Among Tourists in Mexico
Introduction to BNPL and its Rising Popularity in the Tourism Sector The “Buy Now, Pay Later” (BNPL) financing model is...
finance
Santander Introduces Maximum Transaction Limit for Digital Transactions
Compliance with CNBV Regulations In compliance with regulations set by the Mexican National Banking and Securities Commission (CNBV), Banco Santander...
finance
Mifel Exits Vector Asset Acquisition Process, Explores CIBanco and Intercam Opportunities
Background on Key Players and Relevance Mifel, a financial group led by President and CEO Daniel Becker, has officially withdrawn...
finance
Banamex Expands Market Reach in Entertainment Sector with New LineUp Credit Card
Banamex’s Strategic Move in the Entertainment Industry Banamex, a leading Mexican bank, is aggressively targeting the entertainment market by launching...
finance
Mexican Banks Warn of Impact from Eliminating Tax Deductions on IPAB Contributions
Background and Relevance of the Mexican Banks Association (ABM) The Asociación de Bancos de México (ABM), led by its president...
finance
Japanese Bank Maintains Interest Rate, Announces Sale of ETFs and REITs
Background on the Bank of Japan (BOJ) The Bank of Japan (BOJ) is the central banking institution of Japan, responsible...
finance
US Urges Mexican Banks to Strengthen Anti-Money Laundering Efforts Against Drug Cartels
Background on Key Figures and Context The United States has called upon Mexican banks to bolster their efforts in combating...
finance
Mexican Banks’ Contributions to IPAB Exceed 9,500 Million Pesos in Q2; Tax Deductions to End in 2026
Introduction In the second quarter of 2025, Mexican commercial banks paid a total of over 9,503 million pesos in contributions...